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OIL AND ARTESIAN WELL SUPPLIES. 





— - 








John Eaton, 

K. Chickering, - 
E. T. Howjes, 




Secretary. 

Treasurer. 


GENERAL OFFICES: 

OIL CITY AND BRADFORD, 


\ FACTORIES AT 


OIL CITY. PA., BRIDGEPORT, CT., BRADFORD, PA., VAN WERT. 0. 


BOILERS and ENGINES 

DRILLING TOOLS, RIG IRONS, DRIVE PIPE, 

CASING, TUBING, STEAM PIPE, 

CORDAGE, SUCKER RODS, TONGS. 


PARTICULAR ATTENTION GIVEN TO FOREIGN ORDERS, 


Price lists, diagrams and estimates furnished on application. 
Can furnish everything needed to put down and operate Oil 
and Artesian Wells, and will furnish practical, experienced men to 
do the work when desired. 






















THE. DERRICK'S 



Containing the Data of all Important Events in the 
History of the Petroleum Region; Daily Market 
Quotations; Daily Average Production, and 
Tables of Field Developments; Runs, 
Shipments, Exports, Stocks, Etc., Etc. 


k 

Lf + V 


* 

5 


I 


COMPILED BY 


4PILI 

F. H. TAYLOR 



Derrick Publishing Company. 
1884. 



































TN %"(0 

. 3w\ 


\ 

Entered according to Act of Congress, in the year 1883, by Derrick 
Publishing Company, in the office of the Librarian 
of Congress, at Washington. 


INTRODUCTION. 


In this little work the compiler has endeavored to give to the 
oil trade a book for reference such as long has been needed by 
those interested in petroleum. The statistics and situation of the 
past in the petroleum industry, are looked to by oil men as guides 
for the future. Heretofore no attempt has been made to put these 
statistics in convenient form. They are scattered about in the 
newspapers, in pamphlets, circulars and reporters’ note books. To 
gather this mass of statistics and dates into a hand-book, where 
they can be found easily, has been the compiler’s duty. That 
great difficulty has been experienced in obtaining accurate infor¬ 
mation must be evident. In the early history of the oil industry 
no complete records of operations were kept, or if they were, have 
heen lost. In some instances the compiler has been obliged to 
make estimates as best he could from the imperfect data avail¬ 
able, but in all cases has taken those figures which seemed most 
reasonable. In this book the oil man will find a brief history of 
the petroleum region, the fluctuations of the market, with the 
causes which influenced it, the average daily production, ship- 



4 


Introduction. 


ments, runs, exports, and the production in districts, with the 
monthly operations. 

In gathering the material for this book, the compiler is under 
obligations to Mr. W. H. Johnson, Mr. W. T. Scheide, the Titus¬ 
ville Daily Herald , the Venango Citizen , the Warren Mail , Mr. W. 
R. Johns’ book “Petrolia,” and others. 

The compiler will consider it a favor if the oil men, who are con¬ 
versant with the facts concerning events which come under their 
observation, and the date of important happenings, will send correc¬ 
tions or additions to those in this book, so that other editions of the 
work can be made more complete, and errors be corrected. 











The Derrick’s 


Hand-Book of Petroleum. 


Chronicles of the Petroleum Region, 


In 1853, Mr. Geo. H. Bissell, ot New Orleans, having taken up 
his residence in the North, visited Dartmouth College. While there 
he was shown a sample of Seneca oil, taken from the surface of the 
oil springs near Titusville, Pa. Mr. Bissell became interested, and 
wrote to Dr. F. B. Brewer for further particulars concerning the 
mode of obtaining the oil, the quantity known to exist, etc. Being 
impressed by the answers he received, and information obtrined 
through other sources, that the oil was a more valuable pro¬ 
duct than it appeared at present, he, in company with Mr. Eveleth, 
visited Titusville in 1854. The territory where the principal oil 
springs were located was owned by Brewer, Watson & Co., and a 
few years before had been sold to a Mr. Chase for a cow. Messrs. 
Bissell & Eveleth leased this property for ninety-nine years, paying 
therefor the sum of $5,000. They began operations by digging 
trenches, which filled with water, and this with the oil was pumped 
into vats. In 1855 Bissell & Eveleth sold one-third of the property 
to New Haven capitalists, and a company was formed called the 
Pennsylvania Rock Oil Company, of which Prof. B. Silliman, Jr., 
was president. This company in 1858, employed Col. Drake, of 
New Haven, to sink an artesian well. Work was commenced in 
May, 1859, and on August 28th, 1859, the first vein of oil was struck 
at a depth of 69j feet. The well produced ten barrels a day for a 
time, and oil was selling at fifty cents a gallon. In September the 
production of the well was increased to forty barrels for a day by 
the use of a pump. Early in October a fire destroyed a large amount 
of oil. From the Drake well operations extended rapidly down the 
creek, and in the vicinity of Titusville. 

A well was completed and producing on the Buchanan farm, 
near Rouseville, in December, 1859, but it was a small well. 









6 


Petroleum Notes, 1860-1 


1 860 . 

In January, according to the Venango Spectator , a pump was put 
into the Hamilton McClintock well, two miles above Oil City, and 
it started off at sixty gallons a minute. Operations extended rap¬ 
idly over the country, to Tidioute, Franklin, Warren and Tionesta. 
Heavy oil well struck at Franklin. 

February—1st. Barnsdall, Mead, Rouse & Co.’s well, Titusville, 
begins pumping. From this well between February 1st and June 
1st, 1860, 56,000 gallons of oil were sold for $16,800. Total cost of 
drilling well, etc., was $3,000. 

March—Watson & Co. get a good well on Widow McClintock’s 
farm; first large well on the Buchanan farm completed, owned by 
Rouse, Mitchell & Brown. 

April—On the 16th, W. Phillips sold fifty-five barrels from his 
well, on Oil Creek, to S. M. Kier, of Pittsburgh, delivered at the 
latter place for sixty cents a gallon. About the same time Graff & 
Co. sold seventy-five barrels in Pittsburgh for $1,300. 

May—Benedict & Waters complete a well on the Buchanan farm, 
which was started in October, 1850. 

June—Total production estimated at 200 barrels a day, con¬ 
siderable oil being obtained from surface and shallow wells along the 
creek. 

June—Eveleth, Bissell & Co. strike a large well on the Clapp farm 
.Small well on the Huff farm, opposite Reno. 

July—Watson, Tanner & Co. find oil at 143 feet in a well one 
mile east of Titusville, which starts off at thirteen barrels a day. 
Was drilled deeper July 25th, and flowed at the rate of 480 barrels 

a day.King, Ferris & Co. get ten barrel well at Tidioute.Sixty 

wells drilling about Tidioute; in June there were only ten.Three 

wells are drilling near Pittsfield, Warren County. 

August—13th. Hequembourg or Russell well, at Tidioute, struck; 
production estimated from 100 to 300 a day; the well 124 feet deep. 
.25th. The old Drake well making eighteen barrels. 

September— 4th. Well on Tidioute Island flows steadily for 

twenty hours.Ten producing wells in Tidioute district; others in 

sand, but not yielding.Three-quarters of oil and barrels furnished 

for lease of a lot 75 foot front at Titusville. 

October—1st. Keystone well at Tidioute flowing forty barrels... 
13th. Well started to drill at Kinzua. 

November—Two oil refineries building at Erie.Drilling well 

in Glade, near Warren.Drilling two wells at Irvineton.Parties 

anchor rafts in shallow part of river at Tidioute, and goto drilling; 
rafts are cut loose by oil men, and hard fights follow. 

December—Operations quite active along the creek from Oil City 

to Titusville, and at Franklin.Many producing wells, but all 

shallow.Oil sells at wells at twenty-two cents a gallon.17th. 

Ten wells at Tidioute doing 156 barrels.21st. Economite well, 

Tidioute, struck; 100 barrels in four hours. 

1861 . 

January—In this and next two months operations were most 





















Petroleum Notes, 1861 


7 


active in the vicinity of Rouseville, Rynd farm and along the creek. 

March—Steele & Co.* complete a large well below Titusville; 
depth, 400 feet. 

April—12th. Kincaid & Co. strike a ten barrel flowing well on 

Clapp farm.14th. Shearer & Co. strike a twenty barrel flowing well, 

Clapp farm; depth, 165 feet. American Citizen says: “Agents of 

eastern oil men, when trying to knock down prices of oil in the oil 
region, asserted they could get exhaustless quantities in Virginia for 
a mere song. We are assured they are now trying to buy oil in Vir¬ 
ginia at a lower figure by asserting that they can buy oil in the Ven¬ 
ango region at eight to ten cents per gallon.”.17th. Little & 

Merrick’s well, on the Buchanan farm, Rouseville, catches fire on 
Wednesday afternoon about 5 o’clock; fifteen persons burned to death, 
among them Mr. H. R. Rouse, of Warren County, and many others 

injured.22d. Oil is barreled from Little & Merrick’s well at the 

rate of thirty barrels an hour.McFarland & Co. tubed and tested 

well on Clapp farm; producing at the rate of 100 barrels. 

May—9th. Cornplanter Oil Co. strike well on Clapp farm; 100 
barrels were filled in first sixteen hours, and the waste filled a pond 

twenty-five square rods in extent.15th. A report says : On Oil 

Creek there are fifty-one wells producing 507 barrels ; fifty-nine along 
the river producing 696 barrels ; nine at Franklin producing fifty-one 
barrels ; six on French Creek producing forty-four barrels ; a total of 

135 wells, with 1,288 barrels production per day.16th. Flowing 

well struck on Brandon farm, two miles below Franklin, began flow¬ 
ing largely ; caught fire and burned ; is located near the famous Hoo¬ 
ver Ac Stewart well. 

June—The panic which swept over the country on the opening 
of the rebellion, fell heavily on the oil industry ; confidence is now 

being restored, and work is being pushed more vigorously.19th. 

Capt. Torrence begins pumping a well on David Smith farm, opposite 

mouth of the East Sandy; production eighteen barrels.Other good 

wells have been found along the East Sandy.Little & Merrick well, 

Rouseville, reported flowing forty barrels an hour, after having ceased 

flowing two weeks previously.Latter part of June, Painter, Wana- 

maker & Co. strike a large well.Crescent and the Phillips No. 1, 

Tarr farm, struck. 

July—5th. Susquehanna Oil Co. open fair well on David Smith, 
Jr.’s farm ; the first paying venture south of the mouth of the Big 
Sandy.Large sale of oil on Oil Creek at 10 cents per gallon in tank. 

August—1st. Titusville Gazette says there are about 800 oil wells 
from Oil City to Titusville; number of flowing wells from mouth of 

Oil Creek to Rynd farm is seven.R. R. Bradley strikes an 800 

barrel well in the third sand; depth 500 feet.Heydrick & Co. get 

a large well on the river near Henry’s Bend. 

September—Phillips’ No. 2, Tarr farm, struck; first day’s pro¬ 
duction 4,000 barrels; Empire well flowing 2,500 barrels; Buckeye 
well 800 barrels. 

October—So much oil is produced, it is impossible to care for it, 
and thousands of barrels are running into the creek; the surface of 
the river is covered with oil for miles below Franklin. Some wells 
are being plugged to save the production. Fears are entertained 



















8 


Petroleum Notes, 1861-2. 


that the supply will soon he exhausted if something is not done to 

prevent the waste.16th. Blood farm well flowing, and is burned; 

when three weeks old this well filled a 250 barrel tank in two hours. 

.By pond freshet jam, one boat containing 500 barrels is smashed 

and the contents added to the flood, and out of 100 boats that started 
very few got through in safety. 

December—Woodford well, Tarr farm, 3,000 barrels; Elephant 
No. 1, at 600. 

1862 . 

January—The British Government has laid a tariff of one cent 
per gallon on all petroleum and carbon oil imported from the United 
States, for the protection of British coal oil men. It is predicted 
that the ocean of petroleum, despite the embargo, will soon destroy 
the coal oil establishments of England, as it has those of the United 

States.Cost of sending one barrel of oil to New York, $7.45. 

Steamboats charge $2.00 per barrel from Oil City to Pittsburgh. 

Hauling from Oil Creek to Meadville reduced to $2.25.Little 

demand for oil at wells, and a combination is formed, which resolves 

to sell no oil below $4.00 a barrel.27th. Foreign shippers make 

contracts with some producers along Oil Creek for large quantities of 
oil, as high as 15,000 or 20,000 barrels from a single well, at 35 cents a 

barrels, (40 gallons,) delivered at intervals during the year.29th. 

A meeting is held at Plumer, and resolutions adopted looking to the 
compulsory stoppage of the violation of Sunday, teaming of oil hav¬ 
ing become common on that day. 

February—Oil market in Pittsburgh has broken dowm, and the 

sales in New York do not cover the cost of transportation.Oil is 

blocked up at the railroad stations, Cofry, Union and Garland. 

5,000 barrels sold from the Empire well at 50 cents a barrel. 

March—Business stagnant; stop-cocks are being applied to w 7 ells 

to keep the oil in the ground.At the principal wells oil is held at 

50 cents per barrel; few sales at 25@35 cents; refined 25@35 cents per 

gallon in eastern markets.2d. Bill pending at Harrisburg for a 

franchise to carry oil in pipes from Oil Creek to Kittanning, with a 

branch to Indiana, and privilege of extending it to Philadelphia. 

4th. Congress proposes to tax petroleum 5 cents per gallon on crude 

and 10 cents per gallon on refined; oil men anxious and alarmed. 

10th. Business improving; sales at wells at 40@ 50 cents per barrel. 

18th. Sherman 1,000 barrel w r ell struck on Foster farm, Oil Creek. 

26th. Producers’ meeting at Titusville petitions Congress to lay a 
tax on refined only, with a drawback on all exported to foreign 
countries. 

April—The oil tax still exciting the attention of oil men.16th. 

Following is a list of the wells flowing on Oil Creek, with their first 
day’s production when struck: Clapp farm, Van Yashier, —, Wil¬ 
liams, 60 barrels, Cornell, 400, Owens, 76, Curtis —; McClintock farm, 
Willard & Taft, 175, Brewer & Watson, 40, Metz, 200, Kuhns, ; 
Buchanan farm, Clark & Banks ,150, Rouse & Mitchell, 25, Sherman. 
50, Taylor & Co., 150, Brawley, 400, York & Knapp, 15, Marsh, 25, 
Reed 50; I. and W. McClintock farm, Anderson, 100, Penn, 10, East¬ 
man, 40, Van Syke, 1,500, Chester, 300, Mene, —, Ocean, 25, Hague, & 



















Petroleum Notes, 1862-3. 


9 


Merrick, 80; Rynd farm, Hague & Craft, 15, Reliance, 40, Myers, 40, 
Porter & Crawford No. 1, 60, No. 2, 50, Watson & Brewer, 300; Blood 
farm, Rigor, 300, Maple Grove, 35, Painter, 150, Crane&Stone, 300, 
Filkins, 500, Burning Well, 2,000, Balliet& Co., 400, Wriglit, Dewey 
& Co., 40, Hart, 60; Tarr farm, Densmore, 500, Conewango 200, Lehigh 
& Co., 200, Raymond & Co., 100, Phillips No. 1, 500, No. 2, 4,000, 
Knox, 25, Slemmer, 50, Woodford, 3,000, Crescent, 600, Painter & Co., 
300, New Salem Co., 30, Patrick Calvin, 90, Lloyd, Phillips & Co., 
800, Crunkle, —, Harley, 150, Dalzell, Ewing & Co., 300, Reed Town 
Co., 300, Tednel & Co., 400, Steiner & Co., 500, Desmen & Catlin, 10, 
Hellerton No. 1, 22, No. 2, , Crocker, 100; Espy farm, Burnett, 3,000, 

Buckeye, 700, Funk, 200, Fortagee, 240, Sherman. 900. 

May—1st. The total production of the wells on the farms 
named to this date, is as follows: Graff & Hasson farm, 5,900 barrels; 
Clapp farm, 25,300 barrels; H. McClintock farm, 164,788 barrels; 
Buchanan farms, 105,861; John McClintock farm, 12,350; Steele 
farm, 89,000; Rynd farm, 28,000; Blood farm, 151,000; Tarr farm, 
80,900; Story farm, 60,375; Hayes farm, 3,500. 

June—1st. Oil City Register gives the following table in relation 
to the oil business on the creek: 


Number of wells now flowing. 75 

“ “ that formerly flowed and pumped. 62 

“ “ commenced. 358 


Total. 495 

Amount of oil shipped.1,000,000 barrels. 

“ on hand to date. 92,450 

Present amount of daily flow. 5,717 

Average value of oil at $1 per barrel.$1,092,000 

Average cost of wells at $1,000 each. 495,000 

Machinery, buildings, etc., from $500 to $7,000 each. 500,000 

Total number of refineries. 25 

October—Daily production estimated at 4,000 barrels, and stocks 
on hand at 100,000 barrels. 

November—15th. Crude in Pittsburgh 20@23 cents per gallon; 

crude at wells on the creek, $4.00 per barrel.Indications for 

almost as exciting times as two years ago.The advance due to the 

decline in production, and the discovery of new avenues of consump¬ 
tion.22d. Shipments to Pittsburgh last week, by river, were 

100,000 barrels.Refined in Pittsburgh 70@90 cents; and 85@90 

in New York. 

December—5th. Crude at wells on the creek, $5.50@6.00; at Oil 
City, barrels included, $10.00; 31 @32 cents per gallon at Pittsburgh. 

.9th. Ice gorge in the creek breaks loose, comes against 350 boats 

containing 60,000 barrels of oil, lying in the river at the mouth of 
the creek; estimated loss of oil at 30,000 barrels, and 150 boats, 
aggregating $350,000. 

1863. 

January—Noble & Delamater well, Farrel farm, Oil Creek, starts 























10 Petroleum Notes, 1863-4. 


off at 3,000 barrels; Caldwell well, near it, decreased one-half in pro¬ 
duction. 

April—A well struck on the Hoover farm, two miles below 

Franklin, producing at a rate of 400 barrels.18th. Hoover farm 

well still producing 150 barrels, other wells starting in the vicinity. 

May—Woodford, Egbert and Phillips wells cease flowing. 

August—3d. From the Noble & Delamater well, Farrel farm; 
there has been sold to date 118,000 barrels of oil, for $354,000; the 
Caldwell well, which interfered with it, was bought for $175,000 and 
plugged; they have a net profit above the purchase and all expenses 
of about $100,000; the well is still flowing at the rate of 1,500 bar¬ 
rels per day, and oil selling at $5.50 per barrel.5th. Maple Shade 

well, Hyde & Egbert farm, starts off at 1,000 barrels.31st. Ship¬ 

ments for week by A. & G. W. R. R., 4,352 barrels; crude quoted at 
$6.00 per barrels at wells on creek; producers reported able to store 
all oil produced for some time. 

September—Shipments over Erie R. R. to Salamanca, by Oil 
Creek, 66,369 barrels; by Franklin Branch, 20,750 barrels. 

October—Iron tank ship “Juno,” built for carrying petroleum be¬ 
tween New York and Liverpool, has proved a success.28th. Pe¬ 

troleum at wells quoted at $4.00 to $5.00. 

November—1st. Shipments by Oil Creek R. R., from January 

1st to October 1st, 1863, were 361,246barrels.24tb. Panic among 

boatmen by a pond freshet on Oil Creek, entails a loss of several 
thousand barrels of oil. 

December—15th. Crude at wells $4.00.Recent recommenda¬ 

tion of Secretary Chase, says the Internal Revenue Commissioners 

recommend a tax of ten cents per gallon on crude.28tli. Meeting 

of oil men at Oil City, appointed Win. A. Shreeve, John Mitchell, 
Geo H. Bissell, C. M. Titus and Col J. K. Kerr, a committee to go to 
Washington and oppose the proposed tax on crude and repeal of the 
drawback on refined exported. 


1S64. 

January—10th. Crude at wells $3.00@4.00.20th. Philadelphia 

North American outlines a scheme for laying a pipe down the Alle¬ 
gheny to Pittsburgh, for the transportation of oil; a large proportion 
of the people of the oil region oppose the scheme as a blow at their 
prosperity. 

February—17tli. Venango Citizen of this date says: Crocker well 
and about four acres of flat, situated on Foster farm, near Sherman 
and the Noble & Delamater wells, were sold a few days since for 

$220,000.Territory along the river above and below Franklin has 

been changing hands at high figures, and preparations are being 

made for active work.20th. The Noble & Delamater well has 

produced 303,473 barrels to date; which at $3.50—less than the 
average price—would amount to $1,062,155. 

March—The Maple Shade well burned, with 20,000 to 30,000 bar¬ 
rels of oil. 

April—Phillips strikes a well on north side ol the river, between 

Oil City and Walnut Bend; flowing 700 to 800 barrels.Trouble 

with the Tarr farm wells; drawing of the tubing at the Phillips’ 












Petroleum Notes, 1864-5 


11 


well causes the Woodford to flow muddy oil; drawing of the tubing 
at the Woodford causes the Phillips to stop flowing; other wells cease 
to flow; the same trouble exists on the upper end of the Blood farm. 

.The new tax bill provides a tax of 20 cents per gallon on refined; 

crude not taxed.P. H. Siverley sells his farm for $100,000; Phil¬ 

lips & Yanausdall sell for $75,000; Blood farm sold for $550,000. 

May—The Parker Petroleum Co., of Philadelphia, preparing to 

operate on the flats of Parker.The “Log Cabin” well, Foster 

farm, below Franklin, starts off at 300 barrels.Fertig & Ham¬ 
mond strike a 400 barrel well on the Widow McClintock farm. 

The Noble well declined to 500 barrels; Maple Shade to 150 barrels. 

June—The land interest (one-half the oil) in five acres on the 

Blood farm, sold for $200,000.A working interest in the H. O. 

Filkins’ well, on the Blood farm, sold for $100,000. 21st. 

Crude at wells, $11.50; on platform at railroad, $12.00.22d. 

The Tarr farm wells pumping water, and some signs of oil visible 

in the water.23d. There was much excitement created by drilling 

a well near the Porter well, just above the Sherman; it struck a 
crevice, and the water settled in it 300 feet, with a roar that could be 
heard a long distance; the Porter and other wells in the vicinity 
stopped producing at the same time.25th. The Tarr farm pro¬ 

duction is coming up, the total production being 250 barrels; Phillips 
well doing 100 barrels, and the Woodford 25 to 30, and improving 
.The daily production is 5,000 to 6,000 barrels. 

July—The Oil Creek R. R. is completed to Shaffer.18th. The 

Reed well, on the Rynd farm, struck, it starts at 280 barrels. 

August—The Cornwall well, Tarr farm, starts at 120 barrels. 

October—Dale & Morrow strike a 100 barrel well on Cochran 
farm, below Franklin. 

November Hoover & Plumer sold one-third interest in Hoover 
Island, below Franklin, for $100,000. 

December—Operations extending up Cherry Run. 

1865. 


January 8th. The first well struck on Pitliole Creek was the 
Frazier well, on the Thomas Holmden farm ; it started at the rate 
of 250 barrels a day; this well was located by Thomas H. Brown 
with the aid of a twig of witch hazel; oil sold from this well in this 
month at $8.00 per barrel. 

February The excitement is increasing about Pithole, and opera¬ 
tors are moving in that direction. 

March—Oil companies are being formed to operate in the vicinity 
of Pithole. 

June—4th. The Rooker farm, Pithole, is purchased by J. W. 
Bonta and Jas. A. Bates for $280,000; in less than two months they 
sold ninety leases at an average price of $3,500 bonus, some selling as 
high as $7,000; three acres of it, with wells, afterwards sold for 

$82,500.3d. The Homestead well No. 1 struck; it produced 28,000 

barrels to October 6th, 1865.16th. The Twin well No. 1, Holm¬ 

den farm, begins flowing, and on the 19th the Twin well No. 2. 

July—20th. The Island well, McKinney farm, struck; it flowed 




















12 


Petroleum Notes, 1865 


until December, producing 25,000 barrels of oil.Operations are 

active about Enterprise. 

August—2d. The Grant well struck at Pithole; it is pumped 
four hours, and then starts flowing at the rate of 800 barrels; it 
ceased to flow June 3d, 1866, having flowed ten months to an hour. 

.28th. The Pool well, No. 54, Pithole, starts off at 1,300 barrels a 

day; it ceased to flow in May, 1866. 

September 14th. The John Salisbury well, Stevenson Run, 
near the mouth ofBennehoff, is completed; pumping began Septem¬ 
ber 16th; production 30 barrels; it is thought good for 100 barrels. 

18th. The second well struck on Hemlock Run; production 40 

barrels.19th. The T. Holmden farm purchased by Wright & 

Chittenden for $255,000, Duncan & Prather purchased the farm for 
$25,000, and presented him with $75,000 on striking the United 

States well.22d. Leases at Pithole selling for $4,000 an acre; 

striking of Holmden Nos. 105 and 106 weakens the market a little; 
No. 105 is pumping 20 barrels, and improving; No. 106 is flowing 100 
barrels and improving.23d. The Salisbury well, BennehofF, in¬ 

creased to 260 barrels; Harkins No. 32, BennehofF, doing 100 bar¬ 
rels and increasing rapidly.26th. The pipe line from Pithole to 

Shaffer maliciously cut.27th. Forty-six drilling wells at Pithole 

and thirty rigs building. 

October—2d. The old Drake well is still producing 5 barrels and 

the Wrigley well 20 barrels.9th. Commented that approaching 

cold weather would force up prices; large fire at Pithole; the 
Grant and other wells burned.10th. Pipe line of the Oil Transpor¬ 

tation Association, (composed of Chas. Hick ox, Chas W. Noble, of 
Cleveland; M. E. Sickle, H. C. Ohlen and Reed & Cogswell, New 
York,) completed and tested; 32,000 feet of pipe laid; three pumps 
used, two at Pithole and one at Little Pithole ; eighty-one barrels of 
oil forced through from Pithole to Miller Farm; it is thought the 
capacity might be considerably increased by a fourth pump at Cherry 

Run.15th. The third flowing well struck on Dennis Run, Tidi- 

oute; production 250 barrels; began building the first iron tank at 

the mouth of Pithole Creek; capacity 15,000 barrels.16th. Six 

inch pipe line laid from Pithole Creek to the Island well, distance 
seven miles, by the Pennsylvania Tubing Company, Judge Casey, Pre¬ 
sident, Col. Bates, Vice President. Construction of iron tank oil car 
by John F. Keller, of Pittsburgh. Production of Venango County 

12,000 per day, of which 10,000 barrels is shipped.17th. Teams 

return to Titusville from Pithole with empty barrels; scarcity of oil. 

.20th. It is reported that an oil well in Cumberland County, 

Kentucky, has been flowing 2,000 barrels a day since the 8th inst. 

Agitating the formation of an oil exchange at Titusville.21st. 

Twenty-five wells drilling at Tidioute.24tli. Twenty-five wells dril¬ 
ling near Tionesta and along the creek.26th. The break in prices 

for oil at creek wells attributed to decreasing New York demand. 

27th. The New York stock speculators borrowing money to create 
artificial stringency, and to effect a bear movement; petroleum declin¬ 
ing in sympathy.30th. It is reported that the Forest County 

Petroleum Company struck oil in a well on Tionesta Creek, ten miles 
below Sheffield. (Note.—This was at Foxburg, and near where the 























Petroleum Notes, 1865. 


13 


Cooper tract was opened in 1882).31st. The landed interest at 

Pithole supposed to have “drawn” its oil to hull the market, making 
a scarcity for ordinary dealers; while the market was down the 
landed interest refused to “draw” its share of oil. 

November—6th. The Pithole road not in traveling condition, 
and doubt is felt as to the effect of the cold weather on the Miller 

Farm pipe line.7th. The production reported to have increased 

to about 15,000 barrels per day.10th. A decline in wells noted, 

and a slight advance in New York owing to the cornering of a large 

operator.13th. Large quantities of oil stored at Pittsburgh are 

being moved to eastern markets.15th. The Eureka well, at 

Pithole, commences to flow; it produced 50,000 barrels of oil.16th. 

Tarr farm production is reported at 700 barrels. 18th. Pitts¬ 
burgh buyers enter the Pithole market for large amounts.Seizure 

of the # United States Petroleum Company’s property by the United 
States Government on account of false returns to the internal revenue 
collector, assists the advance in prices. The company allowed to care 
for the oil, but not to sell until the taxes are paid.A large well re¬ 

ported on Miller Farm, four miles south of Franklin, on the Alle¬ 
gheny River, estimated at from 500 to 1,000 barrels.22d. The 

construction of a pipe line from Pithole to Titusville began.23d. 

Prices are declining because of the heavy stocks held at the Pithole 
wells, which buyers fear will be let loose. It is reported that the 
Island well, Pithole, stopped flowing, and confirmation of reported 
stoppage of the United States and Homestead wells. No. 148, Holm- 

den farm, begins flowing largely.24th. The trouble between 

the United States Petroleum Company and the Government settled. 

.The Holmes well,at Dawson Centre, opens up new territory. 

28th. Tendency to ship oil by other routes than through Titusville 
noted. 

December—1st. The estimated shipments by way of the Oil 

Creek R. R. are 80,000 to 90,000 barrels a week.The freight on 

a car load of oil in barrels, and return of empty barrels, from Shaffer 

or Titusville, to New York, via Corry, is $3.81.Table of charges 

for oil, per barrel, from Pithole to New York: 

Transportation by pipe from Pithole to Miller Farm.$1.00 

Barrelling, shipping, etc., at Miller Farm.25 

Freight to Corry, via O. C. R. R...80 

Freight from Corry to New York. 3.50 


Total.$5.55 

Transportation by pipe line from Pithole to river.$1.00 

Freight on river to Pittsburgh . 1.50 

Wharfage, loading, etc., at Pittsburgh.25 

Freight from Pittsburgh to New York. 2.24 


Total.$4.99 

4th. The shipments rapidly increasing.A man seeing a tank 

on the Miller Farm Pipe Line oyerflowing, shuts the stop-cock, the 
line bursts in several places, and two days are required to repair the 
damage.5th. The producers are making efforts to store their oil, 


































14 


Petroleum Notes, 1865-6. 


and trying to conceal the amount of production.9th. The Miller 

Farm Pipe Company’s second pipe line from Pithole in operation, 

and piping 2,000 barrels a day.15th. Pittsburgh buyers come in 

with a rush to obtain oil before the ice closes the river, causing an 
advance of a temporary character. The total production estimated 
at 10,000 barrels. 

1866 . 

January 6th. Reported a large decline in Pithole production, 
but some increase at other places. Total yield estimated at 8,000 

barrels.Reno is shipping about 1,200 barrels daily, to Pittsburgh 

and Cleveland.15th. The Pithole production is reported by pro¬ 

ducers at 3,685 barrels daily; a reporter who has taken a gauge 

places it at 2,240 barrels.23d. The Tarr farm production is from 

1,000 to 1,200 barrels daily; Phillips well, No. 2, still flowing 250 
barrels.24th. The cost of getting oil from Pithole to New York 


is as follows: 

Government tax...$ 1.00 

Barrels each. 3.25 

Teaming from Pithole to Titusville. 1.25 

Freight from Titusville to New York. 3.65 

Cooperage and platform expenses. 1.00 

Leakage. 25 


Total. ..$10.40 


30th. A spasmodic rise of 40 to 60 cents on crude in New York. 
Producers’ convention in Titusville prepared memorials to Congress, 
asking for the abolition of tax on crude. 

February—9th. Pittsburgh buyers are in the market, getting 

ready for the opening of navigation.13th. Pithole production as 

given in the Pithole Daily Record , 6,175 barrels a day.27th. Com¬ 

pletion of Eureka well, Church Run, 50 barrels; Boughton No. 2, 
Bull Run, 350 barrels; Frothingham & Nolan well, Bennehoif Run, 
150 barrels. 

March—1st. The receipts of crude at New York from January 1 
to March 1, 1866, were 221,000 barrels, against 81,000 same time in 
1865. Oil shipped, 6,000,000 gallons, as against 1,500,000 gallons in 
1865. Stock on hand, 80,000 barrels, as against 40,000 barrels same 
time last year.15th. The Pittsburgh buyers are out of the mar¬ 

ket, and New York prices too low for shippers’ profit. A decline in 

prices at wells expected.16th. Depressing influences because of 

the government reports of developments of the oil fields in Japan, 
China, Burmah, Tartary, Persia, Turkey in Asia, Turkey in Europe, 

Italy, Bavaria, Pyrenees, South America and Canada.27th. The 

failure of Culver, Penn & Co.28th. The producers building tank¬ 

age to store oil and freeze out eastern monopolists. 

April—1st. Some small wells being abandoned on account of 

low prices.2d. A slight advance at New York, but the A. & G. 

W. Ry., and P. & E. R. R. raise the freight, keeping shippers out_ 

5th. The Pithole production is falling off rapidly.The Benne- 

hoff and Petroleum Centre production is increasing.Col. L. D. 



























15 


Petroleum Notes, 1866. 


Rogers strikes a 600 barrel well on the Foster farm, five miles below 

Franklin.7th. The production is estimated at 9,000 barrels, and 

the consumption at 8,000 barrels.18th. A mob burns the tanks 

of Harley & Co., Bennehoif, and the Shaffer pipe line.20th. A 

mob burns other tanks of Harley & Co., firing at and driving the 
guards away; the guards return fire; one man is shot; the teamsters 
supposed to be guilty. 

May—7th. Tax on crude oil repealed.12th. Production: 

From Titusville down to and including Story farm, Pioneer, Benne- 
hoff Run, Stephenson farm and all wells on the creek to that point, 
5,288 barrels; from the Story farm to Oil City, including Cherry Run, 
1,060 barrels; from Oil City to Tidioute, including Pithole, Allegheny 

River, Church Run, &c., 2,100 barrels; total, 8,448 barrels.13th. 

The advance attribued to western dealers covering short sales. 

17th. ^A decline on unfavorable advices from Europe, war rumors, 

&c.22d. A panic in England is reported and failures to the 

amount of $70,000,000 to $80,000,000-23d. The starting of small 

wells at Pithole has increased production from 1,000 to 1,800 barrels. 

.26th. A great fire in Oil City.28th. Too much oil; the 

future outlook is very gloomy. 

June-1st. The rise in the creek fails to advance prices. 

Storage tanks are building at various points.2d. Some sales are 

made at $2.75 where tanks are overflowing.The exports are four 

times greater than in 1865, yet 300,000 barrels of oil are stored at 
Pittsburgh. 

July—6th. The market is firmer owing to the influx of Oil City 

buyers for Cleveland market.The production is reported to be 

declining, although by the use of torpedoes many abandoned wells 

are being revived.11th. A decline owing to too much oil in the 

East.14th. The production of the entire region is estimated at 

6,000 barrels.16th. Prices panicky; $2.00 at wells; holders lose 

confidence, and are selling at what they can get.20th. The rise in 

the creek brings Pittsburgh buyers.Prospects of peace between 

Austria and Prussia cause a better feeling in the East. Prices ad¬ 
vance at wells so that buyers refuse to purchase.30th. Rumor 

that a treaty of peace between Austria and Prussia has been signed, 
sends prices up. 

August—6th. A fire at Pithole, twenty wells and 13,000 barrels 

of oil are burned.7th. The market is booming; the question with 

buyers is not what to pay, but where to get oil.8th. A sudden 

relapse; the buyers are all gone.Operations are active about 

Triumph Hill and vicinity.16th. Burns strikes a large well on 

Cherry Run, in what was supposed to be dry territory.18th. An 

advance in refined enlivens the crude market.20th. The mar¬ 

ket is very active owing to alleged sale of 3,000 barrels to Clark, 
Penn & Co., of Cleveland, at $4.20 per barrel.24th. The produc¬ 

tion of Pioneer Run district is 2,170 barrels. 

September—1st. A fire at Dennis Run, Tidioute, burns twenty- 

five wells and 5,000 barrels of oil; loss, $100,000.18th. The Bull 

Run section is attracting much attention on account of the increased 
production.20th. Torpedoes are greatly increasing the produc¬ 

tion of old wells. 


































16 


Petroleum Notes, 1866-7. 


October—The prices gradually weaken, with no special feature in 

the market or field.25th. Pithole production is 1,800 barrels; Tarr 

and Story farms production 1,100 barrels; production of Bennehoff 
farm, 2,200 barrels; McElhany farm, 310 barrels. 

November—The creek and river are belowshipping stage; there are 
no buyers in the market. 

December—Pease’s Oil Circular says the dullness and weakness 
in petroleum is only a sympathetic feeling, and induced by the 
general stagnation of business.27th. A newspaper writer re¬ 

views the situation, and presents the following figures: 

BBLS. REFINED. 


Total surplus or stock on hand Jan. 1, 1866. 250,000 

Total production 1866, reduced to refined. 2,600,000 


Total refined, barrels.. 2,850,000 

Consumption of the United States. 1,066,666 

“ abroad. 1,050,000 


Total consumption . 2,116,666 

Leaves a surplus of.. 733,334 

This surplus is divided as follows: 

Stock on hand Jan. 1, 1867, in the United States. 293,700 

Stocks abroad. 439,634 


From these figures he predicts low prices the first part of 1867. 

26th. The Venango Spectator is well filled with sheriff’s sales of oil 
companies’ properties. 

1867. 

January—The oil trade begins the year with unfavorable pros¬ 
pects. Overproduction has added largely to the stocks, although no 
new territory has been opened. 

March—16th. An Extract from John Ponton’s “Crisis in the Oil 


Regions’ ’: 

BBLS. 

Amount of oil in the producing regions March 10th. 166,355 

Stocks in other parts of the United States. 219,750 


Total stocks in the United States. 386,105 

Stocks in Europe... 225,000 


Grand total. 611,105 


The consumption in 1866 was 8,577 barrels daily; production of 
the United States March 10, 1867, is 6,000 barrels daily; drilling 

wells, 182.23d. A decided upward tendency from Pittsburgh 

buyers.28th. A scarcity of oil suddenly discovered and prices 

advance 50 cents a barrel with feverish excitement. 

April—18th. It is ascertained that only a small quantity of oil 

is tanked at the wells.20th. The producers have advanced prices 

so that buyers retired on Saturday, and to-day they came down to 
buyers’ figures. 




























Petroleum Notes, 1867 


17 


May—8th. A better feeling at New York induces an advance. 

26th. The Oil City Petrolian gives the following table of production: 


BBLS. 

Tidioute. 1,700 

Cherry Run. 1,400 

Upper Cherry Run. 400 

Foster farm and vicinity, below Franklin. 800 

Pi thole. 900 

Steel and Rynd farms. 225 

Story farm. 300 

Tarr and Blood farms. 250 

Egbert and McCray farms. 250 

Stevenson farm . 800 

Benneholf and vicinity. 1,000 

Petroleum Centre. 550 


Total. 8,575 

June—List of iron tankage in the region, capacity and total stocks 
contained therein this date: 

CAPACITY. 

Titusville. 24,500 

Miller Farm. 17,500 

Gregg and Foster. 34,000 

Shaffer. 22,000 

Pioneer. 9,000 

Boyd and McElhaney. 65,000 

Petroleum Centre. 21,000 

Hyde and Egbert. 15,700 

Tidioute and vicinity. 98,000 

Oleopolis. 45,000 

Story Farm. 8,000 

Tarr Farm. 15,000 

Rouseville. 11,500 

Oil City.175,000 


Total capacity.561,200 


The total oil in these tanks June 12th, was 252,500 barrels, of which 

100,000 were held at Oil City.The Titusville Herald correspondent 

offers this table of production: • 


Tidioute. 1,700 

Titusville and vicinity.*. 150 

Headwaters of Cherry Run. 300 

Pithole and vicinity. 900 

Bull and Cow Runs. 5G0 

Pioneer, Great Western, Foster, McElheny, and John Benne- 

hoff farms. 1,100 

Bennehoff Run. 150 

Stephenson farm. 700 











































18 


Petroleum Notes, 1867-8. 


Petroleum Centre. 450 

Hyde, Egbert and McCray farms. 175 

Story farm. 300 

Tarr farm,. 300 

Blood, Steele and Rynd farms. 200 

Cherry Run, Buchanan farm, &c. 1,000 

Oil City and vicinity. 250 

Allegheny River, including Reno, Foster and Scrubgrass. 600 


Total. 8,775 


July—6th. Cleveland buyers bull the market.16th and 17th. 

New York buyers come in with a rush and send prices up.24th. 

Favorable advices from New York and Europe advance prices.A 

new well at Scrubgrass starts off at 1,000 barrels.31st. The Scrub- 

grass well has declined to 250 barrels. 

August—The late buying has ceased, and adverse foreign and 
eastern advices cause a decline. 

September—1st. After a long period of inactivity, Pittsburgh, 
New York and Cleveland buyers cause quite a flurry, and advance 

prices a little.6th. 22,000 barrels of oil purchased, causing an 

advancing quotation of 50 cents.9th. The speculators who were 

buying, unload on other buyers, checking advance.The circular 

of J. K. Barbour, Pittsburgh, says : Stock in tanks, Pittsburgh, 
180,000; in the Oil Regions, 375,000 ; at Cleveland, 50,000; New York, 
Philadelphia and Boston, 160,000; total, 765,000. 

Estimated production from Sept. 1st to Dec. 31st, at the rate 


of7,000aday. 700,000 

Total at end of the year.1,465,000 

Estimated consumption. 715,000 

Surplus . 750,000 


November—Stocks in iron tanks, 459,000 barrels; total stocks in 
the region, 655,000 barrels; capacity of empty iron tankage, 255,200. 
.Operations lively at Shamburg. 

December—Stocks in iron tanks, 480,900 barrels; total stocks in 
region, 604,000 barrels; capacity of empty iron tankage, 245,698 bar¬ 
rels. q 

1868 . 


January—Shamburg reaches its height. 

February—Harmonial well, Porter farm, at Pleasantville, starts 
off at 100 barrels of black oil a day, and the Pleasantville excitement 
follows. 

April—Stocks in the producing region: In iron tanks, 486,607 
barrels; total stocks, 559,607 barrels; capacity of empty iron tankage 
































Petroleum Notes, 1868 


. 19 


502,995 barrels.The following table gives the daily production 

and number of drilling wells in localities named, on April 7th: 


DISTRICT. 

Allegheny River, Reno to Parker. 

Oil City to Tidioute. 


u 


Titusville and Church Run. 
Pleasantville and vicinity .. 
Pithole and West Pithole... 


Total. 8,788 


tion, 450 barrels.27th. Buyers are growing anxious as the stocks 

decrease. 


TOTAL DAILY 

PRODUCTION. 

DRILLING. 

500 

16 

130 

3 

1,932 

41 

. 4,056 

89 

.. 1,100 

14 

350 

9 

270 

7 

450 

14 

. 8,788 

193 

re completed; 

new produc- 


May—9th. The absence of buyers causes a decline.12th. A 

well completed on the Wallace tract, south of Triumph, opens con¬ 
siderable new territory. 

July—Under an advance in outside markets, and a reduction of 
90 cents per barrel freight to New York and Philadelphia, the price of 
oil began advancing early in the month, and culminated at an advance 
of $1.25 at Oil City, and $1.50 to $1.60 at points along the creek, and 
the highest prices being $5.25 and $5.50 on cars at points along the 

creek, and $5.25 to $5.35 on cars at Oil City.11th. The increasing 

production is filling the empty tankage, and the late buyers loaded 

up.28th. Market strong; buyers anticipating an increased freight 

rate of 60 cents per barrel east, to take efiect August 1st. 

August—The market declines from no apparent cause. 

September—The market was weak during this month, and busi¬ 
ness dull and inactive, with only an occasional spurt. 

October—The market during this month was dull and steady. 

1st. Yera & Blake strike a 450 barrel well, on the Pierson farm, 

Cherry tree Run.26 th. J. P. Miller, Jno. Fisher, C. W. Owston 

and I. M. Sowers, strike a 200 barrel well on Charley Run, Oil City. 

November—The market fluctuated rapidly, advancing and declin¬ 
ing, the lowest being $3.00 on the creek, and the highest $4.50; the 
decline was partly caused by sympathy with the panic in Wall Street 

stock market.16th. Close drilling is having its efiect in the 

Pleasantville district, where the production is declining rapidly. 

24th. The Woods farm production is 800 barrels daily, an increase 

of 200 barrels this month.27th. The Pleasantville production 

is 1,150 barrels, against 1,900 barrels November 1st., although twenty- 
five new wells have been completed in that time. 

December—The market was firmer during the month, and prices 

advanced.5th. The Humphrey well, on Church Run, starts off 

at 250 barrels.7th. The production of Upper Cherry Run district 

is 1,241 barrels.18th. Advices from Antwerp and Bremen that 

the stocks are greatly reduced, give strength to the market. 































20 . 


Petroleum Notes, 1869 . 


1869 . 

January—The decrease of production in the latter part of 1868, is 
attributed to the smaller average yield of new wells, owing to the 
exhaustion of the gas in the sand rock, and the exhaustion of 
wells in old territory ; it is deemed necessary to drill nearly 
twice as many in 1869 as were drilled in 1868, to supply the 
probable demand. The condition of things in the producing 

region causes an advance in prices.Of the 928 wells completed 

in 1868, about 100 were non-paying.Total number of produc¬ 

ing wells in the Oil Region January 1st, 1869, was 1,186. 

February—Outside markets are unfavorable, and the market is 
weaker.15th. The daily production of the Ohio and West Vir¬ 
ginia fields is 1,060 barrels.17th. The Philadelphia and Boston 

Petroleum Company’s well, Scrubgrass, is flowing 300 barrels a day 
.20th. The Scrubgrass well has declined to 200 barrels. 

March—The market has several flurries, caused by “bear” raids 
and “bull” movements. 

April—6th. The bear raid depresses prices.10th. The mar¬ 

ket touched bottom about noon, and rebounded again 10 to 15 cents. 

.19th. A twelve barrel well is struck at Brady’s Bend, by the 

Brady’s Bend Iron Works Company.A twenty barrel well is struck 

on West Pithole Creek, one mile from developments.29th. Mar¬ 

ket is declining; no buyers. 

May—During this month prices were depressed by unfavorable 
advices from outside markets.Several small wells struck at Par¬ 

ker’s Landing. 

June—5th. A large short interest, created by the depression in 

May, came in to-day to cover, and prices went up.Most of the new 

production for last month and this came from the districts along the 
Allegheny River below Franklin. 

July—There are fewer wells drilling than in June, and the 
monthly report shows a decrease in the average daily production and 
in stocks. 

August—Developments are being rapidly pushed at Parker’s 
Landing and vicinity, where several good wells have been recently 

struck.The production during this month materially increased by 

new wells in comparatively fresh territory.It is reported that 

Geo. K. Anderson recently struck a 50 barrel well in Wyoming Ter¬ 
ritory. 

September— During this month King, Fletcher & Baum, com¬ 
pleted a ten barrel well two miles above Emlenton, and the districts 
of Church Run, Rouseville and Cherry Run are extended by new wells 

on their borders.24th. The petroleum market is excited and 

feverish on account of gold, which opened at 1.51, advanced to 1.621 
at 11.30, declined and closed at 1:35. 

October—Producers having but a slight stock on their hands, are 
disposed to ask better prices.25th. Brown Bros, strike a 250 bar¬ 
rel well on West Pithole Creek.27th. A 100 barrel gusher struck 

on West Pithole Creek, near the Brown well.28th. An impend¬ 

ing advance in freight charges drives shippers out of the market, 
they having secured all the oil they can move before the advance 
takes place. 






















Petroleum Notes, 1869 - 70 . 


21 


November—A 140 barrel well struck on West Pitbole Creek; a 
new well north of Pitbole extends the black oil belt, and a well on 
West Pitbole Creek, in the black oil district, has been sunk to the 
so-called sixth sand and is producing green oil in paying quantities; 

all these developments have taken place within the past week. 

The strong bull movement has been successfully conducted against 

increasing production and enlarged development of territory. 

17th. A curious event is the large increase, within the past four 
days, of the production of eleven wells on the East and West Foster 
farms. These farms have been well developed, and produced con¬ 
siderable oil. A month ago, the production fell olf, and last month 
did not exceed 130 to 140 barrels for both farms. On the 9th inst. 
the production was 120 barrels. On the 10th, the operators were 
surprised to find an increased production, which continued until the 
eleven wells mentioned had increased from 95 barrels aggregate to 
375 barrels. The other wells on the farms have shown no improve¬ 
ment yet. The theories offered in explanation are: 1st, that by the 
drawing of the tubing from an abandoned well, air had been allowed 
to enter the sand rock; 2d, that a new current of water had entered 
the rock; 3d, that a new vein of oil had been opened.18th. In¬ 

crease of production on Foster farms continues; wells on the Gregg 
farm, adjoining, also increasing; Emery Bros.’ well, East Foster 

farm, has increased from 10 to 100 barrels.26th. Production of 

the Foster farms wells declines materially. 

December—18th. The production of the wells on the Foster 
farms fell off about two-thirds of the increase, but are now increas¬ 
ing again; all theories concerning the cause are abandoned.23d. 

Market declines under unfavorable reports from the east. 

1870 . 

January—Four hundred and forty two wells drilling.5th. 

Market weak with no apparent cause.10th. Advance in gold 

causes better prices.19th. Prices advance under Cleveland 

demand. 

February—Four hundred and thirty-eight wells drilling.24th. 

The advance in freight rates to Cleveland causes panicky feeling. 

March—A slight increase in daily production this month.430 

wells drilling. 

April—5th. Market firm, with good buying by outside parties 

.20th. Five hundred barrel well near Brady’s Bend causes much 

excitement.25th. Improvement in outside markets, and settle¬ 

ment of some freight rates, about which uncertainty was manifested, 
exerts a bullish influence on the market. 

May—Four hundred and forty-three wells drilling.Market was 

heavy during latter part of month, and declining of its own weight. 

June—1st. Market improves.13th. A corrected stock report 

shows 300 barrels greater daily production than was expected ; more 
wildcatting than any time since the discovery of oil. 

July - Principal operations during this month are at Fagundas, 

Snedeker and McCalmont farms, all of which is new territory. 

14th. Grandin & Neyhart strike 150 barrel well on Fagundas farm, 
and owing to this and reports from other wells, the market weakens; 






















22 


Petroleum Notes, 1870 - 1 . 


report of war being imminent between Prussia and France has a 
weakening influence. 

August—2d. Phillips & Boyle strike a 250 barrel well on McCray 

farm, Petroleum Centre.3d. An 80 barrel well on Angell & 

Prentiss tract opens several miles of new territory between Foster 

and Scrubgrass.6th. Market continues to decline on war news 

from Europe, and striking of new wells at Fagundas and Petroleum 
Centre.9th. Shorts cover on report of early settlement of diffi¬ 

culty between France and Prussia. 

September—3d. A Prussian victory causes excitement and ad¬ 
vance in market. 

October—Production increasing rapidly in September and October. 

November—3d. Angell, Prentiss & Co. strike a 150 barrel well at 
Scrubgrass. 

December—-Estimated cost of sinking a deep well at present is 

$6,500.15th. Much talk of a “ corner” in oil has been indulged 

in since first of month ; and prices advanced to-day. 

1ST1. 

January A material advance in the market attributed to local 
speculation. 

February—Operations less active.10th. Market panicky, with 

no defined reason. 

March—Considerable attention paid to East Sandy district 20th. 

Yandergrift & Forman begin laying a pipe line to East Sandy dis¬ 
trict.21st. Rumors afloat that unless crude declines there will 

be a suspension of refineries. 

April—Operations increase.15th. Well on Reed farm, Fox- 

burg, pumping with good showing.17th. Thompson, Cady & 

Co. strike 200 barrel well in Church Run district.22d. Roy, 

Crouch & Co. strike 100 barrel well on Church Run.The new pro¬ 

duction in April was derived mostly from the down river districts, 
at Parker, Scrubgrass and Foster, with several large wells at Pithole 
and near Petroleum Centre. This increase was more than lost by a 
large decline in the older districts; West Hickory alone declined 400 
barrels in its daily output. 

May—1st. The firmness of holders causes buyers to advance bids. 

.19th. Lively demand from Pittsburgh, Cleveland and New 

York. 

June—3d. Bovard & Palmer complete “Nettie” well, on Grass 

Flats, Clarion River; production 75 barrels; opens new territory. 

There was an increase of production in some districts, but not marked 
in any, and slight falling off in a few others. Operations were stim¬ 
ulated by the better prices of May and aided by favorable weather. 

September—13th. Jacob Sheaslev strikes a 100 barrel well on 

the McCalmont farm, Franklin.14th. The McPherson well, on 

the Black farm, Parker, producing 150 barrels.16th. The “Mary 

Ann” well, on Foster Island is producing 300 barrels.32d. The 

market is lively; total sales at Oil City 50,000 barrels.The 

Brady’s Bend Iron Co.’s No. 8, Queenstown, starts off at 800 barrels. 

.30th. The Finley well, Miller farm, Bredinsburg, starts off at 

400 barrels. 
























Petroleum Notes, 1871 - 2 . 


23 


October—A large well struck on the Shoup farm, Clarion; great 

excitement along the Clarion River.23d. Hulings’ No. 1, Ash- 

baugh farm, Antwerp, flows 250 barrels through the casing while 

drilling the day previous.300 rigs up and building along the 

Clarion, between the Allegheny River and Alum Rock.20th. Han- 

cox Sc McLaughlin strike a 200 barrel well on the Dawson farm, 

Pithole, causing great excitement.30th. Excitement runs high 

along Turkey Run, Clarion; land held at $200 to $300 an acre. 

November—4th. Another well on Dawson’s Run, Pithole, doing 

160 barrels.5th. S. D. Karns completes a 75 barrel well on the 

Campbell farm, south of Bear Creek.10th. Clarion County land 

in good places, is selling at $1,000 an acre.13th. Excitement in 

the Clarion district at fever heat; a well on the Hiram Neely farm 
(afterwards Richmond) is drilling in sand, with showing similar to 
old Antwerp well. These two are the only producing wells east of 

St. Petersburg.14th. The McLaughlin well, Pithole, owned by 

Dr. Shamburg, is drilled deeper, and starts flowing at the rate of 300 

barrels.15th. The McLaughlin well made 900 barrels in twenty- 

four hours.22d. A report of 1,500 barrel well at Pithole breaks 

the market in the afternoon.23d. It is ascertained that the Pit- 

hole 1.500 barrel well, is the old McLaughlin again, which being 
drilled deeper, started at 50 barrels an hour; Fisher Bros, refuse $500 

and half the oil for one acre in the vicinity of the well.23d. A 

well on the Neely (later Richmond) farm, owned by Patterson, 
Dickey, Lockwood, W. H. Nicholson, Kemp Bros., Armor & Ray- 
ner, was tested and shows large. 

December—15th. The Empire, Karns and Parker Pipe Lines 

charge 25 cents pipeage per barrel from wells to railroad.22d. 

The excitement is intense along the Clarion River, and wells aretbe- 
ing drilled from its mouth to Clarington, near the Forest County 

line.25th. The McLaughlin well, at Pithole, ceases producing 

suddenly, being flooded with water from the Bronson well drilling 

near it.29th. Late in the day a report that the Emery well, near 

the McLaughlin, was doing 600 barrels, causes a break in the market. 

.30th. Report of the Emery well being confirmed, causes 

further depression. 


1872 . 

January—1st. McLaughlin well restored to 150 barrels.5th. 

Market breaks badly on report that Bronson well, Dawson’s Run, 
Cash-up, flowing largely, and that McLaughlin well had struck a 600 

barrel gait.30th. Suit of Owston & Sowers vs. Allegheny Valley 

Railroad, to recover $50,000, begins at Pittsburgh; plaintiffs allege that 
in fall of 1869 they arranged to ship all their oil by Valley road, with 
the understanding they were to have quick transportation and all 
cars necessary, with a drawback of seven cents per barrel on the reg¬ 
ular freight tariff; they further allege that cars were not furnished, 
etc. Defense alleges that all cars at command were furnished, and 
that plaintiffs violated contract in shipping oil by river. In course 
of the case plaintiffs charge that more than due allowance of cars 
had been given Lockhart & Frew, and that this was on account of 
the “Bull Ring” formed some time previously under the name of 























24 


Petroleum Notes, 1872 . 


the “ Pittsburgh Petroleum Company,” or association, or some such 
name, the alleged abuses taking place in December, 1869. 

February—17th. Jury in above case bring in verdict for plaintiffs 
for $27,094.90; defendants give notice of appeal to Supreme Court. 

.20th. The South Improvement excitement begins about this 

time. It is reported a combination has been formed to manipulate 
oil prices and freights; freight rates to be raised on all roads except 
for a few select shippers who have special rates. Tom Scott and 

Vanderbilt are spoken of in connection with it.21st. The Derrick 

says that w r ith 65 cents freight on oil as proposed by the S. I. Co., oil 

will be so heavy that few trains can get out of the region with it. 

22d. The South Improvement Company the all-absorbing topic. 
It is outlined as a pool of outside refiners driven to the wall in the 
effort to compete with more favorably located refineries, and endeav¬ 
oring to overcome the disadvantage by putting up freights while the 
combination receives a drawback; hints at mob force against the 
company.25th. Parties negotiating to draw Gracie & Co.’s re¬ 
finery at Siverlyville into the combination, but it refuses.26th. 

$1.39 added to freight rates to New York.Suit begun by McClurk- 

son et al. vs. Lockhart & Frew et al., otherwise the Pittsburgh 

Petroleum Co., the famous “Bull King” of 1869, for $250,000.27th. 

Meeting held at Titusville to consider the feasibility of building a 
producers’ railroad to Erie as an outlet for oil; telegram read from 
George B. McClellan saying the A. & G. W. K. K. was not in the 
South Improvement combination; and another from Jay Gould that 
McClellan had signed the articles of the South Improvement Com¬ 
pany, and that the Erie was the last to enter the pool.28tli. 

Another screw turned by putting freight on oil to Cleveland, via L. 
S. & M. S. R. R., to 80 cents; the black list is: Lockhart & Frew, N. 
Y. C. R. R., P. & E. R. R., A. & G. W. R. R., andL. S. & M. S. R. R. 

March—1st. There is no market at Oil City nor down the river, 
on account of the mass meeting of producers in Oil City, to devise 
means to protect their interests; the meeting resolved to cease opera¬ 
tions, reduce production, build railroads and pipe lines, and ship and 
refine their own oil. J. D. McJunkin, representative at Harrisburg, 
telegraphed to introduce a free pipe line bill. Prominent in the 
meeting were F. W. Mitchell, J. J. Fisher, J. J. Vandergrift, J. D. 

Archbold, L. Emery, Jr., Wm. Brough and C. D. Angell.2d. 

Parties representing the S. I. Co., bid for oil, but producers refuse to 

sell to them.3d. A 3,000 barrel tank at Franklin, owmed by P. 

H. Watson, President of the S. I. Company, tapped, and 500 barrels 

of oil run into the river.Producers’ meetings were held all through 

the oil regions this month, and on March 8th, the fourth mass meet¬ 
ing was held at Oil City and a plan of organization proposed.12th. 

Smith, Cook &Co., strike a 150 barrel well in St. Petersburg district; 
several wells doing 50 to 80 barrels have been recently struck here, 
greatly increasing the production.16th. The Anti-South Im¬ 
provement Company meeting at Continental Hotel, Philadelphia. 

20th. A producers’ mass meeting at Parker.25th. The pro¬ 

ducers and refiners’ committee on transportation effected an agree¬ 
ment with the railroads, securing the same rates for transportation 
as had been given to the South Improvement Company, and which 






















Petroleum Notes, 1872 . 


25 


could not be increased nor decreased without ninety days notice to 
Wm. Hasson, chairman of committee.28th. Congressional com¬ 

mittee investigating the acts, franchises, etc., of the South Improve¬ 
ment Company.29th. A bill repealing the charter of the South 

Improvement Company passed both branches of the Legislature at 
Harrisburg. 

April—4th. Considerable excitement in oil circles on account of 
the sale of 20,000 barrels of crude by Fisher Bros, to the Standard Oil 

Company.9th. A mass meeting of producers at Oil City; telegrams 

read from railroad managers that the contracts with the S. I. Co. have 
been annulled, and that no contracts have been made with the Stand¬ 
ard Oil Company; resolutions passed to formerly open trade, re¬ 
move the late restrictions as to buyers, and lift the blockade.10th. 

The Antwerp pipe projected; Harrington & Co., strike a 25 barrel 

well on Turkey Run in advance of developments.13th. Wells in the 

Bear Creek section shut down, tanks all full, and the demand insuffi¬ 
cient for relief. 

May—2d. Cherrytree Run pipe line from Tarr farm completed 

and tested.3d. Advance of prices attributed to foreign demand. 

15th. Refiners of United States open a convention in Titusville. 

June—16th. Hess well, Knight farm, Turkey Run, struck, which 
began flowing at rate of two barrels an hour, opens up considerable 
new territory. 

July—8th. Dresser, Bush & Co. strike 100 barrel well at Pe- 

trolia.20th. In the Clarion district there are 233 producing 

wells and 106 drilling wells.23d. Ralph & Bly’s well, Petrolia, 

Scott & Adams farm, makes 1,100 barrels in three days, the largest 
well struck this summer. 

August—5th. Parker & Thompson strike 300 barrel well, Camp¬ 
bell farm, Argyle.9th. Depressed state of crude attributed to 

action of refiners’ combination which was formed after the demise of 

the South Improvement Co.10th. Decline on account of failure 

of Fisher Bros.22d. Meeting of producers at Parker, to con¬ 

sider the advisability of stopping the drill for six months; a pledge 
to stop the drill after Sept. 1st, under a forfeiture of $2,000 for each 
well, was numerously signed by the leading producers of the lower 

district.26th. Producers’ meeting at Franklin concurs in the 

action at Parker.28th. Second meeting at Parker; the pledge re¬ 
ceives additional signatures.30th. M. Hulings strikes 75 barrel 

well on Delo farm, three miles east of Turkey Run. 

September - 17th. Movement started by producers of Parker and 
St. Petersburg districts to shut down all producing wells for thirty 
days, and stop all drilling for the same time; 300 producing wells in 

Clarion County.20th. Meeting at Tidioute in interest of the 30 

day shut down movement; enthusiastic meeting at St. Petersburg in 

favor of shut down.23d. Shut down meetings held at Franklin 

and Oil City and decide to shut down; Tidioute reports a large per¬ 
centage of wells in that district shut down.25th. Parker pro¬ 

ducers sign mutual agreement to shut down for thirty days from 

Sept. 28th.25th. Market unsettled and ten to twenty cents 

higher on account of shut down; message from St. Petersburg says: 
“Stopping of wells here a success; majority stopped pumping at 
























26 


Petroleum Notes, 1872 . 


noon, the others will stop to-night or to-morrow”.26th. Pro¬ 

ducers at Petrolia resolve to shut down all wells at midnight, Satur¬ 
day, the 28th; St. Petersburg committee report all shut down in that 
district except one well owned by Hanna & Hennage, Turkey Run; 

much indignation felt against them.27th. All but sixteen wells 

shut down in the third (Clarion) district.28th. Parker producers 

resolve to shut down all pumping wells for 30 days, beginning at 
midnight to-night; Oil City producers, in addition to shutting down, 
resolve to use none of Roberts’ torpedoes till after March 1st, 1873. 

October—1st. Reports from all districts show that nearly every 
well in the oil region is shut down; the principal exceptions are : 
Central Oil Company, Petroleum Centre; Prentice & Co., at Foster 

and Bully Hill, below Franklin.4th. The Central Company 

shuts down.5th. Ovation tendered A. Hamar on his return from 

thirty days imprisonment for contempt of injunction of Court, to re¬ 
strain him from infringing Roberts’ torpedo patent.7th. Pren¬ 

tice & Co. shut down; Sand’s flowing well, on Sage Run, struck 

500 barrels.20th. Current gossip that the pipe line companies 

are all short in their accounts, having sold more oil than they pos¬ 
sessed.24th. The controversy concerning the standing of the 

pipe line companies waxes warm.25th. Plan of ‘‘Petroleum Pro¬ 

ducers’ Agency” presented to the producers. It contemplates an 
organization to be incorporated, capital $1,000,000 or more, the stock 
to be subscribed to only by producers, or others friendly to the pro¬ 
ducing interest, to purchase oil at a nominal price of $5.00 per barrel, 
$3.00 down on delivery, and the other $2.00 on the 10th of the month 
following, provided oil can be sold, or enough sold at an advance 
over $5.00, to pay that for the oil. If enough cannot be sold to pay 
this, a tank receipt is given, payable when all the surplus oil is sold. 

.29th. At meetings in various places the “Petroleum Agency” 

proposition of the Producers’ Protective Association Council was rati¬ 
fied ; wells at Mt. Hope and Bully Hill start up again with one-third 
of their former production. 

November—1st. Wells which have been shut down are started 

up again all over the region, with a largely decreased production. 

4th. Producers on the Creek decide to pool oil at $4.45, which is the 

price at Oil City, less the freight.5th. Pithole producers enter 

pool and fix price at $4.40.8th. The Standard Oil Company in¬ 

structs its Oil City buyers to pay $4.75 a barrel for oil and buy only 
from the producers’ agent; it further instructs the agent to confer 
with producers with a view to maintain their organization and 
pool price; pool prices are: Oil City, $4.75; Lower Road, $4.55; Upper 

Road, $4.45; Parker, $4.55;Tidioute, $4.45.9th. Twenty thousand 

barrels sold by pool agent at Oil City to Standard, and 6,000 at Titusville 

to Creek refiners, all at pool prices.22d. Market still held at pool 

rates, but small lots changed hands to-day at lower figures; Jamison 
& Munson well, Buena Vista, starts off at 200 barrels.26th. Sev¬ 

eral lots of oil sold below pool prices. 

December—1st. Great activity in developments between Argyle 
and Petrolia; estimated there will be an increase in Clarion produc¬ 
tion during the month of 600 to 1,000 barrels.4th. Market de¬ 

moralized; quotations nominal as no transactions take place; 6tli. 






















Petroleum Notes, 1872 - 3 . 


27 


Refiners and producers’ meeting at Titusville; an agreement entered 
into to regulate prices on a sliding scale as follows: 


When refined is 26c. 
“ “ 27c. 

“ “ 28c. 

“ “ 29c. 

U ll 


30c. 


per gal. crude to be $4.00 barrel. 

“ “ 4.25 “ 

“ “ 4.50 “ 

“ “ 4.75 “ 

“ “ 5.00 “ 


Further crude to go no higher than $5.00, and no upward limit to 
refined; producers’ agency to sell only to refiners; refiners’ combina¬ 
tion to buy only of agency; outside refiners can enter arrangement 
by joining Refiners’ Association; all producers allowed to join agency; 
price of refined to be regulated from time to time by joint committee 
of producers and refiners; arrangements good for sixty days; refiners 
allowed to withdraw on ten days’ notice; crude to be fixed statedly 
at $5.00; $4.00 spot cash when refined is 26 cents; balance when re¬ 
fined is sold, or in thirty days; cash payments to be advanced twenty- 
five cents or fraction thereof for every advance in refined of one cent 
or fraction; combination to buy 15,000 barrels a day from the pro¬ 
ducers’ agency, or more if the demand will justify.11th. Producers’ 

council adopt the agreement, on basis of New York refined market; 
sales made at prices according to this agreement for several days. 

.16th. Production increasing and estimated at 20,000 barrels daily, 

with a consumptive demand of 15,000; territory is being steadily ex¬ 
tended to the southwest in Butler County, and northwest in Clarion. 

.19th. Market has declined largely; all mutual agreements for 

sustaining prices have failed so far, but prospect of a speedy arrange¬ 
ment with refiners keeps some buyers in; advices were received from 
New York that at the final conference of the Producers’ Council and 

Refiners’ Association an equitable adjustment had been made. 

23d. An agreement between the producers and refiners made public; 
it is substantially the same as the plan formulated at Titusville, ex¬ 
cept the clause providing for the purchase and sale of 15,000 barrels 
daily, amended to read, “Such quantities of crude oil as the markets 
of the world may take of them, the amount to be determined by the 
committees and representatives;” and a new clause inserted whereby 
the price of crude and refined may be raised or lowered as occasion 
demands below the $4.00 limit and above the $5.00 limit; a lively de¬ 
bate followed the resolution for the Producers’ Council to adopt the 
agreement, and another method of relief was advocated; the measure 

finally passed by a vote of 20 to 5.24th. Resolution adopted by 

Producers’ Council, recommending that no wells be drilled from De¬ 
cember 25, 1872, to July 1st, 1873; also that wells now drilling be 
shut down twelve hours each day; that no torpedoes, benzine or other 
artificial means be employed to sustain or increase production; that 
pumping wells, whose production exceeds ten barrels a day, be shut 

down for twelve hours each day.30th. Oil going to waste about 

Petrolia owing to insufficient tankage. 


1873 . 

January—2d. Parker producers demand that Refiners’ Association 
shall furnish consignees for the contract oil for the first, second and 












28 


Petroleum Notes, 1873 . 


third districts, not later than 2 o’clock Saturday, the 3d inst.9th. 

Sale of 4,200 barrels at wells, Petrolia, to H. L. Taylor, producers’ 

agent, at $2.00 at wells.10th. Report that Refiners’ Association 

would take no more oil on their contract.15th. Combination 

between producers and refiners pronounced a failure.13th. Lee 

& Plumer strike 150 barrel well on Hummel farm, Dogtown. 

18th. Well struck on McClelland farm, one mile above Greece City; 
made 300.19th. Parker’s Landing burned, loss$150,000 to $175,000. 

February—21st. St. Petersburg burned, loss $160,000 to $180,000. 

March—6th. Three two hundred barrel wells struck near Greece 

City.22d. Yandergrift, Bushnell & Co. strike large flowing 

well on Troutman farm.25th. Troutman farm well flowing 600 

barrels; a general belief in better prices prevails. 

April—9th. Martin well, five miles from Butler, reported flowing 

heavily, which proves to be exaggeration.16th. Several large 

wells being struck near Karns City.17th. More strikes at Pe¬ 
trolia and Karns.21st. Reported the Butler gushers falling off 

rapidly. 

May—13th. Indications of rapid field development causes de¬ 
pressed feeling. 

June—17th. Two large wells completed near Millerstown. 

21st. Five dry holes have been completed recently in Butler County. 
.23d. Refiners’ Association disbanded; contracts annulled; disso¬ 
lution said to be caused by Standard Oil Company, which found 

itself hampered by the articles of the association.26th. Cooper 

Bros, strike large well near Karns City.27th. John Turnerstrikes 

60 barrel well north of Edenburg, opening new territory. 

July -16th. Hulings strikes small well on Canoe Creek; opens 
new territory.... 21st. A number of producing firms have failed at 
Petrolia, and business unsettled; production estimated at 27,000 

barrels daily.28th. Captain Grace strikes 450 barrel well on Starr 

farm, Modoc; other large wells in Butler County completed recently. 

31st.Captain Jack well, Harper tract, Modoc, flowing 35 barrels an 

hour; Purse & Beck’s well, Starr farm, doing 400; Boyer well, Starr 
farm, 350 to 500 barrels. 

August—4th. Estimated increase in production the last week, 
2,500 barrels; Avery & Brawley well, Troutman, estimated at forty 
barrels an hour; a well on McClelland farm, 200 barrels; Preston 
well, Barnhart farm, 250 barrels and burned; Green well, Johnson 
farm, 500 barrels; Howe well, McDermitt farm, 300 barrels; all com¬ 
pleted about this date.8th. Millichamp Bros.’s well, Buena 

Vista, 300 barrels.9th. Modoc well, Troutman, estimated at 

1,000 barrels; Mercer well, Brown farm, 200 to 300 barrels.14th. 

Two hundred barrel well on Riddle farm; Taylor & Satterfield w^ell 
now doing 1,000 barrels; well owned by Dean put at 1,400 barrels; 

Taylor & Wolfe, Barnhart farm, struck, estimated at 200 to 300. 

16th. Thompson Ac Dilworth well starts at 1,000 barrels...... 19th. 

Production of wells recently completed are as follows: Modoc well 
500, Bean 800, Thompson 600, Avery & Brawley 400, Boyer 450, 

Grace’s two wells 400 and 500, Troutman 450.20th. Lambing 

well, Forquer farm, Millerstown, owned by B. B. Campbell, flowing 
largely.21st. Spotted Tail well, McClelland farm, 500 barrels; 





























Petroleum Notes, 1873 . 


29 


all the large wells haye declined materially.22d. Denny well, 

G. R. Campbell farm, flowing 600 barrels.23d. Salisbury well, 

McDermitt farm, flowing 500 barrels.24th. Seep well, McClurg 

larm, flowing 500 barrels.27th. Katy Jane well, Troutman, 

Phillips & Yanausdall owners, struck and burned; good for 400 bar¬ 
rels.29th. L. H. Smith strikes 400 barrel well, Troutman. 

30th. Jackson & Miller, Troutman, 400 barrels. 

September—1st. Phillips Bros., Sutton farm, Greece City, strike 

a 400 barrel well.3d. Antwerp burned; loss, $36,000.6th. 

The Frank well, Fairview, starts at 500 barrels; Maggie well, same 

farm, producing 50 barrels an hour.8th. Tip Top well, Taylor 

& Satterfield, Troutman, flowing largely, also the Columbia Oil Com¬ 
pany’s well, on the Sutton farm.9th. Lee &Balliett strike a 200 

barrel well on Moon farm, Edenburg.11th. Production of wells 

in the vicinity of Modoc estimated at 6,000 barrels.The General 

Beaver well, Greece City, starts at 500 barrels.16th. C. D. Angell 

strikes a large well on the Dugan farm, southwest of Millerstown, 
opening new territory; Shreeve & Say strike a good well on the 
McCready farm, five miles south of Millerstown, opening a large 

scope of new territory.15th. Tack & Moorehead get a large well 

in the fourth sand, near Karns. The first strike in the fourth sand 
was John Galey’s, Scott farm, about six weeks ago, the result being 

a 500 barrel well for a time.18th. The market is depressed on 

account of Jay Cooke’s failure.18th. The Wyatt No. 2, Barnhart 

farm, is drilled deeper, and starts at 50 barrels an hour; three other 
wells owned by Forman, McKinney Bros, and C. D. Angell, near 
Millerstown, start off at from 250 to 400 barrels; the production of 

Millerstown district is estimated at 6,000 barrels.22d. The old 

Troutman well is down to 200 barrels after a career of six months. 

Numerous large wells in the third and fourth sands doing from 400 

to 1,000 barrels are completed between this and October 1st.The 

wells at Modoc are declining rapidly; the Seep, Capt. Jack, Boyer, 
Smith and others, are being pumped. 

October—3d. Dry holes near Modoc and reports that wells have 
suddenly ceased flowing on Troutman farm and vicinity, causes a 

firmer feeling.8th. Actual gauge of Modoc district 5,000 barrels, 

a decline of 3,000 barrels in two weeks; Millerstown district produc¬ 
tion 8,000 barrels.9th. Salt water affecting Greece City produc¬ 
tion.22d. Pipe lines now able to take care of Millerstown pro¬ 

duction, which has declined materially. 

November Efforts were made this month to stop the drill, 
and at a meeting of producers on the 21st, at Parker’s, it was de¬ 
cided to stop from December 1st to April 1st; market advanced in 

consequence.22d. Jennings No. 19, Dougherty farm, makes 

2,500 barrels first 24 hours.24th. Three large wells struck near 

Modoc; Jennings No. 19 has declined to 1,500 barrels.28th. Big 

Medicine well, Satterfield & Taylor, J. Brown farm, 400 barrels. 

December—1st. Pipe line completed from Modoc to Raymilton. 

.2d. Taylor & Satterfield’s wells, Biown farm, cease flowing 

suddenly; fouth sand wells declining rapidly.3d. Market broke 

on report of new fourth sand wells; Messner well, Petrolia, strikes 
fourth sand and starts at 1,000 barrels.8th. Total daily produc- 




































30 


Petroleum Notes, 1873-4 


tion from fourth sand estimated at 6,000 barrels.9tli. Hoffman 

& Bissell, McClymonds farm; flowing from fourth sand at rate of 

1,500 barrels.10th. Twenty-one wells producing from fourth 

sand; production 7,000 barrels.12th. Modoc burned.15th. 

Evans well, Dougherty farm, starts at 1,100 barrels; fourth sand. 

19th. Thirty-one fourth sand wells, doing 11,000 barrels.20th. 

Jennings well revived to 1,000 barrels; it produced 30,000 barrels 
the first month. 


1874 . 

January—5th. Several dry holes on fourth sand belt, Petrolia. 

.8th. Seven fourth sand wells struck to-day, ranging from 100 

to 500 barrels.22d. Nesbit & Larden’s well, Patton farm, starts 

at 1,000 barrels from fourth sand; one fourth sand well near Karns 

City extends the belt.28th. Watson & Dunham get a 900 barrel 

well at Millerstown; J. H. Galey gets an 600 barrel well on Storey 
farm.30th. Three good wells at Petrolia and one at Millerstown. 

February—7th. First regular oil exchange organized at Oil City. 
In spite of the completion of good wells during the month the market 

made several wild advances.25th. Torpedoing adds largely to 

the production of a number of gushers. 

March—1st. Lee & Plumer, Divener farm, Millerstown, starts at 

1,000 barrels; opens new territory.16th. Modoc burned; loss 

$100,000.22d. Dr. Hunter has a mystery on the McGinley 

farm, which keeps the trade in suspense for some time.24th. 

Meeting of producers at Parker to resist attempt of Union pipe line 
to assess holders of certificates for 12,000 barrels of oil recently 
burned. 

April—1st. Millerstown burned; six persons burned to death; 

loss $200,000.17tli. Another movement on foot to stop drilling; 

Rob Roy well, McClymonds farm, Karns City, flowing 300 barrels 

from fourth sand.21st. At Petrolia meeting a large number of 

producers sign pledge to stop drilling after April 25th for 90 days. 

24th. A number of Clarion County producers go into the shut down 

movement.25th. Nearly every drilling well in Butler County is 

shut down. 

May—In this month the pipe line bill regulating the pipe line 
companies, and ordering monthly statements of stocks, receipts, &c., 

was passed by the Legislature.12th. Shut down meeting at St. 

Petersburg; several wells drilling in Butler County.15th. At a 

meeting at Petrolia the suspension movement was suspended, and 
the drill is started again; a message from Oil City was read at the 
meeting which said: “We pledged our sacred honor to cease opera¬ 
tions for 90 days; if drilling is resumed before that time where in 

h—1 does the honor come in ?”.25th. Hunter mystery drilling and 

supposed to be dry. 

June—12th. Galey & McKinley well, Hemphill farm, flowing 

750 barrels from fourth sand.20th. Hunter mystery opened; starts 

at 147 barrels first day.30th. Market declines on report that 

Mead well, Now farm, at extreme front, beyond Millerstown, flow¬ 
ing 200 barrels. 

July—7th. Diviner No. 2, Millerstown, starts at 20 barrels an 


























Petroleum Notes, 1874 - 5 . 


31 


hour.10th. Five new wells reported from Millerstown.18th. 

Taylor, Satterfield & Criswell well, Parker farm, east of Petrolia, 
starts at 1,500 to 2,000 barrels; known as the “Boss” well; opens up 
considerable new territory and causes great excitement. 

August—14th. The “Boss” well down to 500 barrels. 

September—15th. Railroads propose to raise freight rates. 

28th. Producers meet at Titusville to protest against increase of 
freight rates. 

October—1st. Oil City and Clarion producers held meetings to 
protest against increase of freight rates.11th. Hunter & Cum¬ 

mings, Crawford farm, near the “Boss,” strike 1,100 barrel well, 

known as “Lady Hunter”.12th. “Lady Hunter” makes 1,200 

barrels.28th. Several fair wells in St. Joe district. 

November—3d. Taylor & Co.’s well, Crawford farm, near Lady 
Hunter, which had been given up recently as a failure, is drilled 

deeper and flowing at 1,500 barrel rate.19th. A number of good 

wells reported from St. Joe. 

December—2d. Karns City burned.14th. Half a dozen 200 

barrel wells around St. Joe reported. 

1875 . 

January—8th-9th. Several dry holes at the front in Butler 

causes a firmer feeling. 

February—3d. Columbia Conduit Line piping 3,500 barrels 
daily; and has a strong force of men guarding the pipe at Powers 
Run.11th. Owing to decline several parties down the river re¬ 
fuse to take their oil.16th. Butler County production affected 

seriously by cold weather.18th. Gillespie farm (Butler) produc¬ 

tion has declined from 1,400 to less than four hundred barrels in past 
month; this is in the new territory at St. Joe. 

March 4th. Parker oil exchange organized and officers elected. 
.10th. Shut down agreement has been entered into by promi¬ 
nent operators for thirty days.19th. Hunter & Cummings well, 

Hunter well and Delamater well reported dry.20th. Big well re¬ 
ported at Warren, which turns out to be a four barrel well.24th. 

Landers well, Southard farm, south of St. Joe, flowing 100 barrels. 

April—1st. Hunter & Cummings well, reported dry, is claimed 
not to be in the sand.4th. The Hunter & Cummings well flow¬ 
ing, but guarded against visitors; estimated at 700 barrels.6th. 

An hour’s gauge shows it is making 386 barrels.11th. Millers¬ 
town burned again; loss, $100,000.19th. The Atlantic Pipe Line 

began piping oil to Sligo from Jefferson. 

May—1st. Great excitement among Pittsburgh oilmen, because 
pipe line men refuse to deliver oil to barges.4th. Barges at Par¬ 

ker refused oil; it appears that the pipe lines agreed to ship no oil by 
river in consideration of the Pennsylvania road refusing a siding to 
the Atlantic line; great excitement in consequence; three holes were 

shot into the Atlantic line’s pipe.5th. Grant line loaded three 

barges on an old contract; other lines hold out; operators indignant 
and talk of testing the case in court; crude market depressed on ac¬ 
count of the combination of refiners and transporters.10th. Pro¬ 

ducers’ meeting at St Petersburg urges the Atlantic line to increase 


























32 


Petroleum Notes, 1875 . 


its stock and build a line to Pittsburgh, since the Valley road refuses 

to furnish it transportation.15th. The refiners in convention at 

Pittsburgh; some leading Pittsburgh refiners refuse to agree to the 
stipulations of the combination. It is proposed to connect the Atlan¬ 
tic pipe with the Conduit; mass meeting held at St. Petersburg in 

the interest of the Atlantic pipe.23d. Grant Pipe Line sold to 

Reno Real Estate Co.; 20,000 barrel tank burned at Karns City; 

owned by Satterfield & Taylor.26th. Pittsburgh refiners sign an 

agreeement to act with the association.29th. Parties owning 

twenty shares in the Karns pipe, ask for an injunction restraining the 
Reno Real Estate Co. from operating the line. The advance in the 
crude market cut short by the refiners unloading about 150,000 bar¬ 
rels on the shorts, who were covering. 

June—9th. Taylor & Criswell’s well, Parker farm, near the 
“Boss,” starts at 1,000 barrels.30th. The Clarion field is becom¬ 

ing more prominent, though the wells are smaller. 

July—16th. In consequence of the Atlantic line, other lines are pay¬ 
ing almost as much for crude at wells as it is worth on board the cars. 

31st. It is reported the Olmstead well, Crocker farm, near Bradford, 
McKean County, is flowing 100 barrels; other wells in the vicinity 
are making 10 to 15 barrels; twelve wells are drilling in McKean. 
This report is the first prominent notice taken of the Bradford field. 

August—14th. Hess & Bradley, Dale farm, Shippenville, strike 

a 50 barrel well; opening new territory.26th. The Blair well, at 

Great Belt City, an important test venture, reported light and the 
market advances. 

September—8th. The Kribbs well, Beck farm, mile south of 

Edenburg, opens new territory.13th. Several dry holes reported 

from St. Joe.17th. Keystone Pipe Line began pumping oil from 

Millerstown to Freeport.24th. The Standard Oil Company pur¬ 

chased one-half interest in all of H. L. Taylor & Co.’s properties; 
consideration supposed to be $1,500,000; the market declines on ac¬ 
count of tankers unloading 200,000 barrels of oil.25th. The 

Crocker well, near Bradford, starts at 75 barrels.29th. Crocker 

well drilled deeper, and flows 200 barrels a day.30th. The market 

is greatly disturbed by the Crocker well. 

October—Reports from the new wells at Bradford causes a decline 

and keeps the market uneasy all the month.25th. The Fagundas 

well, Bradford, showing good and started at 75 barrels.28th. 

Besides the fear of McKean County wells, there is also a partial dis¬ 
ruption in the Associated Pipe Lines, and railroads fail to maintain 
their contracts in relation to an advance in freight rates. 

November—3d. There are ten producing wells in McKean aggre¬ 
gating 150 barrels, sixteen rigs and ten drilling wells; the Weiser 

well, St. Joe, flowing 150 barrels.9th. The Jackson & Walker 

No. 2, Bradford, flowing 60 barrels.16th. Wesley Chambers 

strikes a 25 barrel well on the Blair farm, between Bradford and De 

Golia, six miles from developments.23d. The Union Pipe Line 

pumps its first oil from the Bradford field to Olean. 

December—13th Olmstead No. 2, Sanford farm, Bradford, owned 
by McKinney and others, flowing.28th. Whitney & Evans get a 






















Petroleum Notes, 1875 - 6 . 


33 


fair well at Bradford; Howe & Frisbee get a dry hole near Babcock’s 
Station, Bradford. 

1876 . 

January—An upward advance in the market caused by the favor¬ 
able situation in the old fields, is somewhat checked by the reports 
from McKean County wells; during this month the following wells 
are completed there: Emery & Patterson, in Toad Hollow; Whitney 
& Co., 150 barrel well near Bradford borough; Emery No. 3, 40 bar¬ 
rels; Chambers No. 2, small, and Clark & Co., small well, all near 
the town of Bradford. Reports are that McKean County wells clog 
quickly with paraffine; the sand is a rotten shale, and the field will 
never amount to much. 

February—8th. The Pittsburgh refiners are blue over the differ¬ 
ence between crude and refined, and say crude must decline or re¬ 
fined advance..*... 9th. Holders of high-priced oil are trying to get 

out.17th. Several good wells are reported from Bradford near 

former producers.Hunter & Cummings and Criswell have each a 

200 barrel well on the cross-belt, Butler. 23d. Jas. Barnum 

killed by torpedo explosion at St. Petersburg.24th. Foreign 

stocks reported depleted and markets advancing.25th. Market 

forced up to $2.17?, when the bulls turn sellers; a panic follows; a 

number of traders badly hurt financially on the fifteen cent gap. 

Operations in Clarion County are in advance of Edenburg; in Butler 
County on old territory, and numerous wildcats in McKean. 

March—6th. The Emery well, on Ackley farm, Bradford, re¬ 
ported to have struck a crevice and flowing briskly; Prentice No. 2, 

Crocroft farm, is flowing 100 barrels.21st. Patterson & Leedom 

make a fair strike north of the turnpike, Shippenville, extending the 

territory.27th. Great excitement in Oil City Exchange; bulls 

and bears have a warm contest; aggregate sales nearly 250,000 bar¬ 
rels.30th. In the past week five 50 barrel wells and two small 

ones are reported from Bradford, and operations increasing. 

April 2d. The Jackson & Walker, No 3, Bradford, flowing at 
rate of 125 barrels.11th. Harsh & Schreiber, Little farm, Brad¬ 
ford, flowing 40 barrels, second sand.12th. Three large tanks 

struck by lightning at Parker and burned.27th. A canvass of 

the Bradford field shows fifty-nine producing wells; aggregate yield, 
848 barrels. 

May—Oil City Exchange adopts a resolution to gauge pipe line 

tanks on a suggestion from the United Lines.The monthly report 

shows most activity about Edenburg, St. Joe, Buena Vista and Brad¬ 
ford, with operations increasing rapidly.11th. At a meeting of 

pipe line representatives, it was decided to issue pipeage unpaid cer¬ 
tificates instead of paid, such as the United and Conduit certificates 
have been......23d. The Verback well, near Warren, flowing 20 bar¬ 
rels.25th. A number of fair wells reported from Bradford. 

June—1st. The pipe line combination is to cease on the 5th, 
owing to Karns line laying a pipe to Hilliards, contrary to rules of 

the association.The monthly report shows an aggregate of active 

operations greater than ever before known in the oil region.13th. 

The Bell well, at Warren, is flowing 40 barrels, and the Warren ex- 






















34 


Petroleum Notes, 1876 . 


citement of ’76 begins 14th. A number of small wells are re¬ 
ported from Bradford 16th. The Bell well, at Warren, flowing 

over 200 barrels, and the Beatty well is in the sand and flowing. 

22d. The Wetter well, Beals farm,Clarion, starts at 150 barrels. 

July—1st. The J. W. Taylor well, Knappenburger farm, west 

of Monroeville, reported at 400 barrels in a fourth sand.6th. The 

Taylor well ceases to flow, and drilling resumed in a fine quality of 

fourth sand.14th. Nesmith well, Warren, 100 barrels.21st. 

This year, to date, there have been 256,244 barrels of oil burned in tanks 

and pipe lines.25th. A meeting of pipe line men at Parker and an 

organization effected to construct a seaboard pipe line under the 
charter of the Pennsylvania Transportation Company.28th. Phil¬ 

lips Bros, .strike a new well on Bullion Run, and it is flowing oil and 

water under heavy pressure of gas.31st. The banks force several 

parties to sell oil. 

August 2d. The Watson & Nesmith well, near the Bell, Warren, 

flowing 75 barrels, and the Bell well ceases.4th. The Wing well, 

Warren, makes 130 barrels; Phillips Bros. & Dean well, Bullion, 
making 190 barrels; Bullion excitement commences.9th. War¬ 
ren wells are declining rapidly.17th. The market on a red hot 

boom; the trade beginning to believe the stocks and the production 

are going to the “demnition bow-wows”.19th. The shorts assist 

the boom by covering.21st. Bullion well drilled through the 

sand and flowing 13 barrels an hour.26th. The greatest day ever 

known on ’Change at Oil City to date; sales, 1,000,000 barrels, with 

an advance of 52J cents.23th. Market touches $4.023.29th. 

Prices tumble, and almost a panic follows. 

September 1st. Gauge made by Exchange of storage tanks. 

8th. Exchange committees meet at Franklin and open sealed returns 
made by sworn gaugers, employed to gauge storage tanks ; total 

stocks as computed aggregate 3,164,384.44 barrels.11th. The 

Bradford Oil Company strike a 25 barrel well on West Branch. 

October—1st. The Bradford production is 1,500 barrels a day, 
with considerable territory to drill on.18th. Rumors of war be¬ 
tween Turkey and Russia are used to depress the market.23d. 

An oilman refuses to take Pennsylvania Transportation certificates. 

.26th. Meeting of the directors and stockholders of the P. T. Co. 

at Titusville, to inquire into the alleged over-issue of the lines. P. 

T. Co.’s paper $1.00 below the market.30th. Creditors of the P. 

T. Co. meet at Oil City; several arrests are made, but the parfies 
promptly give bail. 

November Reported failure of the P. T. Co. causes reflections 
against the late gauge committee, who ask for an investigation of the 
gaugers’ return to them, under oath. The P. T. Co. was returned 
in that report as having the following amounts on hand: 


B. s. OIL. 

Lower District. 3,573.58 103,177.86 

Upper District. 4,863.10 22,235:14 

Titusville. 4,438.00 21,471.00 


12,874.68 


Total 


146,884.00 



































Petroleum Notes, 1876-7 


35 


It is now found to have very little if any oil in its possession. 

2d. Phillips Bros. No. 2, Bullion, 75 barrels.3d. Gauger Golden 

arrested for making false returns to the gauge committee; 50,000 bar¬ 
rels deficiency in the report.6th. The Producers’ Bank of Titus¬ 
ville closes its doors; general failures; general depression.9th. 

Phillips No. 2, Bullion, pumping 150 barrels.17th. Phillips’ No. 

3, Bullion, flowing 400 barrels.19tli. The Bullion wells are doing 

as follows: Nesbitt, 150 barrels; Phillips’ No. 3, Simcox, 400 barrels; 
Galey, No. 1, 150 barrels.24th. Hermann, Strasburg & Co., Ant¬ 

werp, have made a corner in refined there, and are holding at 65 

francs.27th. Meeting of producers at the Collins House, Oil City, 

to organize the proposed combination to put oil to $4.00, and keep 
it there. 

December—7th. Favorable advices from foreign markets strengthen 

prices.8th. Phillips Bros. No. 1, Bullion, burned by a torpedo 

explosion.15th. Reports from Bullion of the Phillips well doing 

700 barrels and the McDonald 300 barrels, breaks the market.16th. 

It is ascertained that the McDonald well has been torpedoed and is 
doing 40 barrels; other wells are declining. 

1877 . 

January—14th. Edenburg burned, loss $62,000.24th. Em¬ 
erson & Bronson well, Bullion, starts at 100 barrels.26th. Emer¬ 

son & Bronson well stopped flowing, and then started again at 25 

barrels an hour.30th. Nesbit No. 2, Bullion, flowed 500 barrels; 

reported that Hulings well, Foxburg, on the Tionesta, has showing 
of oil at 1,500 feet. 

February—8th. Galloway well, Bullion, starts at 225 barrels. 

14th. Bullion production estimated at 1,000 barrels.17th. Grant 

pipe line sold to the United.20th. Market broke on decline in 

refined. 

March—3d. Jamestown well, at Warren, flowing 25 barrels an 

hour.17th. Falconer well, at North Warren, makes 125 barrels 

in six hours.17th. Big Shanty well, nine miles south of Brad¬ 

ford, good for 10 barrels; James well, at Rock City, doing 20 barrels, 

and a 10 barrel well at Four Mile.28th. Several hundred-barrel 

wells reported from Bullion. 

April—3d. Clinton & Strong Bros.’ well, North Warren, starts at 

175 barrels.9th. Osmer No. 3, North Warren, makes 400 barrels 

in twelve hours.27th. Andrews No. 2, east of developments at 

Bullion, starts off largely; several good wells reported from the 
Warren district. 

May—1st. Hoffman well, west of Warren developments, shows 
large; several large wells and moderate producers reported during 
this month from Bullion, among them the Palmer & Clark, and Cris¬ 
well & Hukill No. 2. 

June—5th. Gilmore & Porter strike a 50 barrel well on Foster 

Brook, Bradford.7th. McCalmont Oil Co.’s Newton No. 4, “Big 

Medicine,” Bullion, estimated at 1,000 barrels, but declines rapidly 

to 400.18th. “ Big Injun ” well of Mitchell, Lee & Co., Bullion, 

starts at rate of 3,500 barrels, and makes 3,000 first day.20th. 

The “ Big Injun ” made 2,300 second day; the “Baby” flowing 700 



























36 


Petroleum Notes, 1877 - 8 . 


barrels.27th. “ Big Injun ” has ceased producing.29th. “Big 

Injun” torpedoed. 

July—“ Big Injun” makes 1,000 barrels first day.6th. Several 

dry holes reported from Bullion.7th. “ Big Injun ” ceases flow¬ 
ing again.11th. McBride & Porter’s “Great Leather” well, 

southeast of Millerstown, starts at 250 barrels; it extends the terri¬ 
tory.21st. “Big Bologna,” near “Great Leather,” starts at 300. 

.25th. Owing to the great railroad strike, it is reported that the 

pipe lines will not receive oil from wells completed after this date, 
until shipments can he made again. 

August—2d. McCalmont No. 31, Bullion, starts at 1,000 barrels. 
.30th. Phillips Bros’. No. 7, Crawford farm, starts at 1,000 barrels. 

September—In this month Engle & Co., and Bonanza Co. struck 
large wells near the “ Great Leather ” well; and a number of average 
wells were completed in the Bradford district.20th. Bullion pro¬ 
duction 4,000 barrels.30th. Cram & Co. strike a 200 barrel well 

near Slam Bang, Clarion County. 

October—Several good strikes this month add to the production 
of the eastern belt in Butler. Producers’ Protective Union Lodges 
were organized throughout the region. Lord & Co. strike a good 
well on the C., B. & H. tract, between Derrick City and Four Mile, 

opening considerable new territory.18th. Mountain Oil Co. strike 

a 15 barrel well on Quintuple tract. 

November—6th. “ Big Ghost ” well, Kaylor farm, between Mil- 

lerstown and Queenstown, flowing 75 barrels.9th. “ Big Ghost” 

well and 25 acres sold to Bushnell & Co. for $40,000 if over four feet 
in the sand; if less than four feet, $60,000.11th. Operations in¬ 
creasing along Knapp’s Creek and Four Mile Run.18th. The 

trade rattled over a sale of 90,000 barrels by Dan Goettel to Lewis 
Bros., Goettel having previously sold about 85,000 barrels to other 
parties, when he was supposed to be short. 

December 7th. Millerstown burned; loss $95,000.10th. 

Shultz’s wildcat well, north of Wilcox, reported dry.13th. Emer¬ 

son well, Riddle farm, Karns City, flowing 700 barrels from fourth 

sand.21st. Cooper Bros’, well, near the Emerson, flowing 300 

barrels from fourth sand.29th. Shipments thus far this month 

have averaged only 20,000 barrels, about one-half the estimated pro¬ 
duction; holders of oil are alarmed, and the cry of “ Stop the drill ?” 
is raised. 


1818 . 

January—4th. The Producers’ Union has completed the organ¬ 
ization of a pipe line to the seaboard.8th. Tanks in Bradford 

running over; pipe lines refuse to run more than one-fourth of any 
one’s production at ruling price; $50,000 worth of oilmen’s paper 
protested at Bradford within a month, and production goes on in¬ 
creasing. Wiles Bros.’ well, Ruby well and Taylor & Criswell’s are 
struck at Kaylor City this month and flow largely.30th. A peti¬ 

tion of 8,000 names, praying for the passage of the Free Pipe Bill, is 
presented to the Pennsylvania Legislature; at producers’ meeting the 
Pittsburgh Chamber of Commerce is censured for opposing the Free 
Pipe Bill. 


























Petroleum Notes, 1878 . 


37 


February—In this month the case of H. L. Taylor & Co. vs. 
Standard Oil Co. was heard before Judge McJunkin, at Butler, who 
appointed Thos. S. McFarland receiver of H. L. Taylor & Co. 

April—Free Pipe Bill passed the House by a vote of 76 to 30. 

23d. New Oil City Exchange formally opened; operations rapidly 
increasing in McKean County; there being 283 rigs and 285 drilling 
wells. The bulk of work is in Tuna Valley, East Branch, Quintuple. 
Kendall Creek, Foster Brook, Four Mile and Knapp’s Creek. 

May—6th. Bradford burned; loss $50,000.7th. Edenburg 

Bank failed.31st. Bradford tanks overflowing, and pipe line 

capacity not sufficient to relieve them. 

June—10th. The difficulty of getting oil run in Bradford field 

increasing; movement on foot to stop drilling for six months. 

12th. Crawford & Coleman strike a 25 barrel well near Six Points, 

and this opens the Byrom Centre district.13th. The shut down 

of drilling wells progressing in Bradford.20tli. Bradley & Co. 

strike a 200 barrel well south of Limestone. 

July—15th. Marcus Huliugs strikes the “Old Owl” well on 
Kinzua Creek, south of Bradford; it flows 10 to 15 barrels. 

August—20th. Second meeting of producers at Bradford to for¬ 
ward the Producers’ Union plan; great enthusiasm over it. 

September—European markets are panicky; Bradford is over¬ 
flowing with oil; good wells are still being struck in Butler, Clarion 
and Venango Counties, and the flood of oil is constantly swelling; 
producers are holding meetings to devise some means to check the 
production, and the country seems doomed to bankruptcy. Pro¬ 
ducers’ Council begins suit against various corporations by filing an 
information with the Secretary of Internal Affairs, at Harrisburg. The 
corporations named as being in the alleged unjust and illegal com¬ 
bination are: Pennsylvania Railroad; N. Y., L. E. & W. R. R.; N. 
Y. C. & H. R. R.; Chas. Pratt & Co.; J. A. Bostwick; Standard 
Oil Co.; Atlantic Refining Co.; Acme Oil Co.; L. S. & M. S. Ry.; A. 
& G. W. R’y; and others. The Attorney General brings suit against 
the United Lines. 

October—A slight decline in production is reported for September 
as compared with August; the oil blockade in Bradford growing 

worse; producers selling oil in their tanks far below market price. 

7th. Attorney General of Pennsylvania filed before the Supreme 
Court, at Pittsburgh, a bill setting forth alleged grievances of oil 
producers and others, and praying that the United Lines be enjoined 
from refusing to receive petroleum from any petroleum wells con¬ 
nected with their pipes, from refusing to store said product in its tanks; 
from refusing to transport petroleum offered to it; from permitting 

tanks to overflow at the wells; and many other charges.12th. 

Edenburg burned; loss $400,000.15th. Secretary of Internal 

Affairs makes report that in the complaint of producers against Penn¬ 
sylvania R. R., Standard Oil Co., et al., he finds that the complaint 
filed has not been substantiated in any way, and believes the facts do 
not warrant him in reporting a case “that is beyond the ordinary 

province of individual redress.”.15th. Decided that the terminus 

of the Tidewater line be at Williamsport.12th. Quo warranto 

case before Judge Taylor; history of case is briefly: August 26th, 















38 


Petroleum Notes, 1878 - 9 . 


writ of quo warranto served on United Pipe Lines, through oil pro¬ 
ducers, representing the Commonwealth, by Attorney General Lear; 
Sept. 26th, case again called up in Common Pleas Court of Venango 
County, for defendants to appear and answer charges and allegations; 
counsel for U. P. L. requested sixty days to prepare answer; granted 
twenty days; Oct. 1st, counsel for U. P. L. filed a demurrer; Oct. 
28th, counsel for Commonwealth filed an amendment to original sug¬ 
gestion. Hearing set for Nov. 1st, when exhaustive arguments were 
made by Messrs. Dodd and Watson for the U. P. L., and by Roger 
Sherman for the Commonwealth; Nov. 12th, Judge Taylor gave his 
decision overruling the demurrer of defendant and requiring it to 

appear and answer the charges and allegations on Dec. 1st.12th. 

In suit of Com. vs. Penna. R. R., United Lines et al., before the 
Supreme Court at Pittsburgh, complainants withdrew motion for 
preliminary injunction, in consideration of which defendants agree 
to file their answer on the 25th inst., so that a master can be ap¬ 
pointed and testimony taken for final hearing.14th. Fire at 

Bradford; loss $95,000.16th. Phillips Bros.’s No. 3, Vanderlin 

farm, Clintonville, flowing at rate of 1,000 barrels.20th. A dele¬ 
gation of producers confer with Standard Oil Co. at New York. 

25th—Penna. R. R. and United Lines file answers in Supreme Court 
at Pittsburgh to bill of allegations filed against them; they deny the 

allegations; Hulings & Guffy No. 2, Kinzua, good for 40 barrels. 

27th. A number of shorts fail and the buying of oil under the rule 
causes an advance in quotations. 

December—17th. Doe & Felt well, at Rixford, flowing 125 bar¬ 
rels; opens new territory in Bradford; great activity through McKean 
County. 

1879 . 

January—20th. Market has been weaker for a few days on 

account of the proposed tax on petroleum.25th. The oil tax scare 

is over.31st. McKeown & Hays strike a 200 barrel well at Rix¬ 

ford, near Doe & Felt’s gusher. 

February—7th. Matt. Edwards introduces a bill in State Legis¬ 
lature to tax oil well rigs.12th. New Oil Exchange at Bradford 

dedicated.15th. Operations are very active on the extension 

south of Rixford.22d. McKeown & Hays strike another large 

well at Rixford; their two wells are flowing 600 barrels. 

March—15th. Manifesto issued by United Pipe Lines that on 
and after May 1st the line will not issue pipeage paid certificates, but 

that oil leaving first hands will be pipeage paid.17th. The 

above manifesto causes the market to weaken; Oil City producers’ 
committee went to New York to confer with the Standard, with re¬ 
gard to an amicable agreement between producers and refiners. 

19th. The producers and refiners’ conference appoint a committee 
of ten to settle the difference between the Standard and outside re¬ 
finers.27th. The Painter well, on Bingham lands, showing for 25 

barrels; Geary farm well, Cole Creek, shows small; Sawyer & Boyle 

well, Rew farm, shows good.30th. Operations are active in the 

Kinzua district, induced by the Hulings & Guffey and the Howe & 
Merrill wells. 

April—1st. Sumner, Pratt & Filkins strike an 80 barrel well, 


















Petroleum Notes, 1879 


39 


Cole Creek.18th. Revenue bill reported to the Legislature, con¬ 
tains a section taxing oil ten cents a barrel.21st. Bradford tanks 

overflowing and the oil tax bills all around.25th. The pipeage 

paid order of the United Pipe Lines rescinded in deference to the 
wishes of the trade. 

May—4th. The whole interest of the oil trade is centred on the 
proposed legislation at Harrisburg, including the rig tax, oil tax, 
general revenue, riot indemnity, anti-discrimination and free pipe 
bills. The legislative investigating committee find flagrant frauds 
in connection with the oil tax and Pittsburgh riot indemnity bills. 
.12th. Thirty rigs and forty tanks of oil, containing 3,160 bar¬ 
rels, burned on Harrisburg Run, Bradford.16th. Section of rev¬ 
enue bill taxing oil defeated.23d. Several good w T ells in the now 

prominent Cole Creek district. Operations in that prolific section 

largely on the increase.26th. Hulings & Guffey No. 6, Kinzua, 

flowing strong; Painter Bros.’s well, Cole Creek, flowing 60 barrels. 

.27th. Free Pipe bill passed House by vote of 108 to 94.29th. 

Free Pipe bill reported negatively by Senate committee. 

June—9th. Bryan & Co.’s well, on Bingham lands, at Bordell, 
showing for 100 barrels.15th. O. P. Taylor’s Triangle well, Alle¬ 
gany, showing for a good well.21st. United Pipe Lines issue a 

formal notice that their tankage is filled to its utmost capacity, and 
that no oil will be received on or after this date, until further notice, 
unless cars or other means are provided for its immediate shipment. 

22d. A number of gushers reported from the Cole Creek region. 

23d. At a producers’ meeting in Bradford, to consider the expe¬ 
diency of stopping the drill, it was resolved that, 

Whereas, The shortest way to two dollar oil is through 25 cent 
oil, therefore be it 

Resolved , That we favor the pushing of the drill as rapidly and 
diligently as possible, until the goal of 25 cent oil is reached. 

July—10th. Hulings & Guffey’s No. 7, Kinzua, flowing 100 

barrels.12th. Beaumont, Lyle & Kane strike a gusher at Cole 

Creek.27th. Petrolia swept by flood; loss $130,000; producers’ 

meeting in Bradford.29th. Tankers’ meeting in Olean.30th. 

Producers’ meeting in the public square at Bradford; extreme 
measures advocated. 

August—The shipment oil order in full force; tanks overflowing 
everywhere in Bradford; operations as active as ever.5th. Tri¬ 

angle well reported good for eight barrels. 

September—8th. Reported that a well with 36 feet of Bradford 

sand struck in Genesee, Allegany County.19th. Speculative 

market showing signs of a boom from speculative causes.22d. 

Certificates pushed up to 74fc; shipment oil 57^0. 

October—29th. The market forced up by speculators, in spite of 

the fact that stocks are daily piling up in Bradford.30th. Parker 

burned; loss$200,000. 

November—12th. Market strong and advancing; the easy con¬ 
dition of the money market in New York supposed to be the cause, 
and New York parties investing.13th. The market excited; ag¬ 
gregate sales in Oil City 667,000 barrels.14th. Market very 

excited with wide fluctuations; aggregate sales in Oil City, 623,000 





























40 


Petroleum Notes, 1879 - 80 . 


barrels.17th. The market was wild, and the transactions 1,140,- 

000 barrels, the largest ever recorded up to this time.21st. Panic 

in New York stocks, and a tumble in prices there. 

December—9th. The blockade is oft' the Bradford field, and oil 
is being run freely; the Bradford runs are the largest in the history 

of the district, while the shipments are decreasing.12th. Red 

Rock burned; loss $105,000.10th. Van Vleck & Gray Bros, have 

a mystery on the Bingham lands. 

1880 . 

January—20th. Bradford field more active than ever.25th. 

Stump Creek well, nine miles southeast of Reynoldsville, Jefferson 
County, the object of much attention. 

February—16th. The suits of the Producers’ Union against the 

Standard at Clarion, dismissed.19th. Producers’ Council met at 

Titusville, passed resolutions denunciatory of state and government 
officials, made provisions for the winding up of its affairs, and ad¬ 
journed sine die .26th. Much interest is felt in the Stump Creek 

well. 

March 10th. J. W. Smith’s wildcat well, five miles ahead of 
Meeks Creek developments, and six miles from Portville, is reported 
in the sand with good show. 

April—2d. A big fire in Bradford ; loss, $100,000.R. R. 

Armor’s well on the Tait purchase of Bingham, starts at 150 barrels 

natural.8th. The Stump Creek well is attracting attention again, 

though generally believed to be dry.12th. Wellsville reports 

Triangle No. 2 good for 25 barrels.13th. Triangle No. 2 a light 

well. 

May—3d. Although over a dozen iron tanks are building in the 
Bradford field, fears are entertained that there will be another over¬ 
flow of the tanks.4tli. Gray & Van Vleck’s wells, on the Bing¬ 

ham lands, is attracting much attention ; No. 2 is flowing over 100 

barrels.6th. While parties were burning some brush near Rew 

City, the fire communicated to adjacent wells and started a terrible 
conflagration. Over 300 wells and 40,000 barrels of oil burned. The 
fire swept from Rew Summit to Foster Brook, down the valley from 
Red Rock, and into the East Branch; T. J. Vandergrift’s well on lot 
423, Bingham, flowing on the ground at the rate of 150 to 300 barrels. 

.9th. A fire at Rixford destroys a large portion of the town, 

three tanks, forty-three wells, and 2,000 barrels of oil at the wells. 

12th. Fearful forest fires are raging in Tram Hollow, Oil Valley, 
Kendall Creek and on the Summit; 292 rigs burned, and 100,000 bar¬ 
rels of oil, exclusive of a 25,000 barrel tank in Tram Hollow, fifty 

buildings and United pipe station.18th. Gray & Van Vleck’s 

two wells on Cole Creek are flowing 500 barrels.20th. Gilman & 

Co.’s No. 3, Kinzua, starts at 125 barrels.22d. Edenburg burned; 

loss, $87,000.24th. T. J. Vandergrift’s No. 2, Bingham, starts 

at 300 barrels. 

June—11th. A tank on the Tidioute and Titusville Pipe Line at 
Titusville, struck by lightning, starting a fire which burns the Acme 
refinery and several buildings; loss, $1,000,000.Stump Creek well 


























Petroleum Notes, 1880-1 


41 


enclosed by a board fence fifteen feet high.21st. An upward 

movement of the market is attributed to speculative manipulation. 

July— 4tli. Two 200 barrel wells reported from Cole Creek, 
which appears to be about the average of new wells there at present. 

.8th. Triangle No. 3 is reported good.14th. Wellsville is 

full of Bradford operators attracted by Triangle No. 3, which is esti¬ 
mated from 20 to 30 barrels.15th. Lightning strikes a dozen or 

more well tanks in the Bradford field, and burns one iron tank at Duke 

Centre and two at Custer.16th. The Eagan well at Stoneham 

starts at 20 barrels, and opens the Clarendon field.20th. Two 

good wells completed at Stoneham, and considerable excitement 
there. 

August—5th. Duke, Norton & Raydure’s well, North Alma, 

Allegany, is in the sand and guarded_ 10th. The Duke, Norton 

& Raydure well flows every time the tools are drawn, estimated at 

25 to 50 barrels.17th. Duke & Norton well shot and starts at 25 

barrels.O. P. Taylor is drilling on lot 37, Bolivar; Duke & John¬ 

son on lot 4, Bolivar; and Snyder & Co. on lot 18, Alma. 

September—3d. The Campbell well, on lot 8, Boliyar, is reported 

to have made one flow.14th. The stock of oil region companies 

called on the floor of the Oil City Oil Exchange for the first time. 

October—2d. O. P. Taylor’s venture, lot 37, Bolivar, is dry. 

12th. Duke & Johnson’s well, lot 4, Bolivar, shot, but refuses to 

flow.16th. O. P. Taylor’s Pikeville well is in the sand with 

small showing.20th. J. Opperman computes the producing area 

of the Bradford field at 68,056 acres.22d. Operations are active 

about Clarendon.24th. Yan Scoy well, near Kinzua village, has 

been an object of attraction to oil men for some time. 

November 19th. The Van Scoy well, at Kinzua, was tubed the 
14th, and now has twenty-nine inches in a 250 barrel tank. Shultz, 
Kerberger & Co.’s Blue Jay well, at Foxburg, Forest County, is in 

the sand and filling up.20th. Duke & Norton’s No. 2, on lot 22, 

Alma, is showing better than No. 1.24th. The Blue Jay well, 

at Foxburg, makes a flow and causes considerable excitement. 

26th. The Blue Jay well made 15 barrels. 

December—1st. Blue Jay well strikes salt water in drilling 

deeper.2d. The Blue Jay well is shot, showing for 10 barrels. 

5th-20th. Duke & Norton No. 2, Alma, has averaged 22 barrels 
daily; O. P. Taylor’s Pikeville well making 10 barrels; H. K. Mc¬ 
Bride’s well, lot 18, Alma, in the sand with good showing. 

1881 . 

January—The greatest activity this month is in the East and 

West Branch district, Cole Creek and Indian Creek.27th. The 

Stonehill well, at Stoneham, starts off largely. 

February 24th. The Triangle No. 4, is reported from Wells¬ 
ville as flowing 20 barrels. 

March—12th. Blue Jay No. £, or the Darling well, near Fox¬ 
burg, flowing and showing large. 

April—2d. Waugh & Porter complete a small well on lot 34, 

Bolivar, about this date.25th. The Richburg well is in the sand 

and made a small show. This well was the beginning of actual oper- 


























42 


Petroleum Notes, 1881 . 


ations in the Allegany field.26th. Magee & Horton strike a good 

well on lot 408, south of Sheffield, which starts off at about 30 bar¬ 
rels, and opens the Sheffield district.28th. The Richburg well 

made 71 barrels first day after being tubed; land in the vicinity is 
selling for $100 to $125 an acre. 

May—2d. McBride well, on lot 17, Alma, made seven inches the 

first hour.10th. Large firms in the Bradford field propose to 

stop drilling and are endeavoring to make an agreement to that 

effect.12th. Roth Sc Crowell strike a fair well on lot 560, which 

extends the Clarendon field.27th. A 1,000 barrel well reported 

from Clintonville, but the report is a false one. An effort is made 
to find out who sent the report. 

June -12th. The Boyle well, on lot 34, Wirt, near the Richburg 
well, is boarded up. It is the principal object of interest at present. 

.17th. Wilcox & Co.’s well, north of Wilcox,Elk County, reported 

good.23d. The Fertig Bros, well, southwest of the Richburg 

well, is in the sand, with good showing.28th. The Boyle well, 

Richburg, reported to be flowing at the rate of 75 barrels.29th. 

The Boyle well is reported through sand and flowing largely.30th. 

Kern well at Bolivar dry. 

July—A number of wells in the Allegany district were boarded 

up and mysteries made of them.2d. P. & E. well, south of Blue 

Jay, is dry.14th. The Boyle well at Richburg, shot, and makes 

250 barrels in twenty-four hours. Grandin & Berry Bros, strike 

sand in No. 2, at Bailtown, and it is reported large.20th. The 

Grandin & Berry No. 2, made 5 barrels in twelve hours. The Hard- 

ding well, north of Richburg, is a mystery.22d. Knox & Lecky 

find almost a dry hole twenty rods from the Boyle well at Richburg. 

.24th. Willetts is in the sand on lot 8, Genesee, with fair showing. 

Varney & Evans, lot 47, Bolivar, is dry.27th. There is some ex¬ 
citement about the Knox well, which was supposed to be dry. 

28th. The Knox well makes 25 barrels.29th. Wheeler & Wilcox 

well, in West Notch, north of Richburg, is dry; the Coast well, on 
Green farm, west of Richburg, is guarded. 

Augustr—15th. An interview with about 100 Bradford producers 
elicits the fact that a premature decay has struck that field. Boyle 
No. 2, lot 42, Wirt, shows poorly. Williams No. 2, 300 feet south¬ 
east of the Boyle, reported dry. Johnson & Ivittinger, lot 41, Wirt, 
dry. Knox Bros.’ No. 2, finds no sand but gasses heavily —22d. 
Knox No. 2 finds a sand below the Boyle sand and fills up with oil; 

considerable excitement in consequence.26th. Bell well, lot 426, 

and Magee & Horton, lot 410, Sheffield, are dry; making that district 
look sick. 

September—1st. Market fluctuations changed to g.3d. Bald¬ 

ridge Oil Co.’s No, 2, Baldridge, in sand; showing for 5 to 10barrels. 

.7th. Forty wells, with tanks, burned in the Coleville district 

by a forest fire.11th. Bennie & Wales’ well, lot 30, Genesee, show¬ 
ing large.15th. T. J. Vandergrift’s well, lot 63, Bolivar, has 

considerable oil about the derrick, but the impression prevails it is 

dry.17th. A bull movement started, purely speculative.20th. 

The upward movement in the market is checked by the gloom pre¬ 
vailing on account of President Garfield’s death. 




























Petroleum Notes, 1881 - 2 . 


43 


October—4th. Operations rapidly increasing in the Allegany 

district.15th. Producing area of Allegany computed at 9,400 

acres, as follows : Alma, 1,560 acres; Bolivar, 3,190 acres; Wirt, 1,500 
acres; Genesee, 1,930 acres; Clarksville, 1,220 acres. 

November—4th. Allegany tanks overflowing.6th. Hardison 

& Collins get a good well on lot 31, Bolivar.22d. The Crull well, 

at North Warren, abandoned two years ago, was drilled deeper, and 
began flowing at a 500 barrel rate, but ceased to flow in a few days. 

December—Allegany production rapidly increasing 22d. Grace 

& Dimick are building a rig on lot 646, Cherry Grove. 

1882 . 

January—General belief exists in a much higher average price for 
oil during the year, as it is estimated the Allegany field is nearly 
defined, and the Bradford production is declining, although it is now 

62,365 barrels a day.27th. Elliott & Torrey well, on lot 53, 

Alma, is attracting attention. 

February—8th. McKinney Bros.’ well, on Williamson tract, 

south of Sheffield, showing for a producer.10th. Several firms 

find constant employment in pulling out old wells in the Bradford 
field 13th. Tack Bros.’ well, in Elk County, attracting atten¬ 
tion 18th. Morton well, lot 22, Bolivar, shutdown and mystified. 

March—3d. The Elliott & Torrey well, lot 53, Alma, which for a 
time has been forgotten, is again the centre of interest, and is being 

manipulated in approved style.4th. Fisher Bros, strike a good 

well on the Emerson farm, lot 38, Bolivar, which opens up new ter¬ 
ritory to the south.10th. Grace & Dimick’s well, on lot 646, 

Cherry Grove, is shut down, boarded up, and a guard thrown out. 

From this date begins the Cherry Grove excitement.19th. Simcox 

& Myers strike a 60 barrel well at Baldridge.24th. ‘ 1 646 ’ ’ divides 

the honors of mysterydom with “53 Alma”.30th. “646 ” rumors 

cause a break in the market. 

April—3d. “646 ’ ’ was heard to make two flows of three minutes’ 

duration each to-day.4th. Simcox & Myers’ well, at Baldridge, 

starts at 125 barrels after being tubed; another 250 tank taken to 

“646” .6th. Baum & Parker have a mystery on lot 37, Bolivar, 

on which they have sold heavily short.8th. “646” is believed to 

be an average Clarendon producer.10th. Reported that the Union 

Oil Co. has purchased “646” .11th. Baum & Parker mystery 

shot and good for ten barrels.14th. A survey is being made fora 

narrow gauge road from Clarendon to “646” .15th. Grace & 

Dimick have a second rig up on 646; Cadwallader is building a rig 
on 635, Murphy on 619, Mehoopany Oil Co. on 611, and others are 

being projected.22d. The trade begins to think that “646” is 

better than an average Clarendon well.26th. Reported “646” 

has broken loose and flowing largely. It flowed enough to sprinkle 
the derrick, but was again got under control. 

May—2d. H. B. Porter has a mystery at Henry’s Mills, which 
afterwards turns out to be a dry hole; everybody trying to guess the 
“646” conundrum, and no one satisfied with the information ob¬ 
tained; the trade badly mixed on it.10th. Union Pipe line 

began stringing pipe to ‘ ‘ 646 ”.15th. Torrey & Elliott’s mystery, 





























44 


Petroleum Notes, 1882. 


53 Alma, opened, and a small well; Murphy’s rig on 619 burned by 

a gas explosion.17th. The drill started at 646. It made a big 

flow at four o’clock.18th. Drill started again at 646; first esti¬ 

mates place its production at 100 barrels; then it is increased to 150; 
at3:00p. m. estimated good for 200 barrels; 6:00 p. m., estimated 

good for 500 barrels; began flowing steadily at 5:30 p. m.19th. 

“ 646 ” has made 1,000 barrels in 24 hours.20th. A pump is work¬ 

ing to take care of the oil from ‘ 1 646, ’ ’ and the well is flowing strong 
as ever.22d. The pump is working constantly at “646,” but ad¬ 

ditional tankage is necessary to take care of the oil; Murphy’s well, 

on 619, and the Mehoopany’s on 611, are guarded.23d. Niles’ 

well, lot 56, Wirt, boarded up, and some oil around the derrick 

causes an excitement, but the well proves to be a small one.26th. 

A tendency to freeze up is discovered in the oil from “646 ”.30th. 

Murphy drilling on a plug at 619.31st. The Murphy well, on 

619, taps sand and starts at 200 barrels. Mehoopany cracked sand 
on 611, and shows large; 647 and 635 shut down on top of sand, 
waiting for tankage. 

June—1st. Murphy’s well, 619, filled a 600 barrel tank in thirty- 

five hours.2d. Cadwallader well, on 635, is flowing steadily and 

estimated at 2,000. Murphy drilled deeper and is flowing 1,500 to 

1,600 barrels.5th The stop-cocks at Mehoopany turned a few 

minutes and it makes a 12 barrel flow.10th. The Anchor Oil 

Co.’s well 659, shut down and guarded 14th. 646 and 619 im¬ 
proved by deeper drilling.15th. Anchor Oil Co.’s 647 opened, 

and makes 400 barrels in three hours.19th. Started to drill out 

the plugs at Mehoopany well on 611.20th. The Anchor well 

on 647, burned.21st. Mehoopany well on 611, is flowing at the 

rate of 1,800 barrels.27th. Reid & Brenneman’s well, on 635, 

starts at 1,000 barrels. Operations are very active throughout Cherry 
Grove, with a corresponding decrease in other fields. 

July—3d. Murphy’s No. 2, lot 619, in the sand, and rated as the 
largest well struck, flowing 200 barrels an hour, and made 3,460 bar¬ 
rels the first twenty-four hours. R. E. Green has a mystery on 671. 

Goldsborough is shut down on 672.5th. The Goldsborough well, 

672, starts olf at 1,000 barrel rate.6th. The Union Oil Co.’s No. 

1, lot 634, shows small. Whale Oil Co.’s, lot 648, reported dry, but 
many doubt the correctness of the report. Shidemantle, 635, starts 

at 115 barrels the first hour.8th. The Whale Oil Co.’s well 

authoritively reported dry.10th. Anchor Oil Co.’s 659, makes a 

35 barrel flow, but afterwards proves to be a failure.11th. Clark 

& Goldsborough, Al. Nickle and C. H. Cramer, open large wells on 

635.13th. Reid & Brenneman’s, on 636, drops oft' to 400 barrels. 

.15th. Mehoopany No. 1, lot 590, shut down and mystified. 

17th. Old “ 646 ” is down to 300 barrels; Union Oil Co.’s No. 2, lot 

646, makes 4,000 the first twenty-four hours.18th. Tim Mullen’s 

well on 672, starts at 700 barrels.21st. Murphy & Wetmore’s 

well on 659, showing small.24th. A forty quart shot is put in 

Murphy & Wetmore’s well, 659, the first torpedo used in Cherry 

Grove.25th. A rapid decline is noticed in the old producers. 

26th. The Green well, lot 671, makes a flow; considered small. 

27th. McDonald & Markham’s, lot 672, considered dry. Andy 




































Petroleum Notes, 1882. 


45 


Shidemantie’s well, at Baldridge, is reported at 500 barrels and 
increasing. 

August—1st. The United purchases the Warren and the Union 

Pipe Lines.2d. The Cherry Grove production is increased by the 

use of torpedoes. Guards are set about the Shannon well on the 

Cooper tract.4th. The Shidemantle well at Baldridge made 700 

barrels in twenty-four hours.6th. T. B. Simpson’s well,620, dry. 

8th. Recent developments cause the abandonment of a number of 

wells outside the dry lines.9th. The Shannon well, Cooper tract, 

reported to be flowing 30 to 75 barrels.10th. Cherry Grove tanks 

are overflowing. Five new wells are completed every day, each one 
starting at from 500 to 1,000 barrels. Torpedo men are very busy. 

.14th. It is noted that the old wells decline rapidly after being 

shot.21st. The Cooper mystery is the great attraction.22d. 

Plugs drilled out of Mehoopany No. 2, lot 590; at first it showed 

large and was so reported, but later was ascertained to be small. 

23d. Grandin No. 3, Balltown, reported late to-night as a large 

well.25th. Reports from the Grandin No. 3, at Balltown, very 

contradictory. Transactions in the Oil City Exchange the largest 

ever known to date, being 4,727,000 barrels.27th. Balltown well 

makes a light flow. 

September—1st. Wolfe & Kugler’s well, Cranberry, estimated 

good for 500 barrels.2d. Began drilling out plugs at Shannon 

well, Cooper tract.4th. Plugs got out of Shannon well to-day, 

but opinions divided on its producing capacity.5th. Six wells on 

636 and three on 635 cease flowing, but the trade is slow to believe 

the report.7th. Shannon well reported at 100 brrrels.8th. 

More wells cease flowing in Cherry Grove.11th. Efforts being 

made to revive the Cherry Grove wells, without much success; sucker 

rods are brought into use.12th. Largest transactions ever known 

to-date in the Oil City Exchange; sales and resales aggregate 8,462,- 
000 barrels. McGrew & Hunter well, on lot 683, Cherry Grove, 
excites a little attention, but proves to be a failure.14th. Certifi¬ 

cates plenty and money scarce; great trouble experienced in getting 

oil carried, and carrying rates advancing.15th. E. G. Patterson 

brings suit against the Tidewater Pipe Line.18th. The Derrick 

says: “A short time since the trade held up its hands in astonish¬ 
ment and wondered at an aggregate of four million barrels for one 
day, but now we place as the result of this monster of days the 
enormous total of 12,731,000 barrels. When we consider that one 
exchange has turned over in one day more than one-third the entire 
stocks above ground, we begin to realize somewhat the magnitude 

of the petroleum business.”.26th. Some excitement over the 

McKinney well, on the Williamson tract, south of Sheffield; it proves 

to be a small producer.28th. 114 wells in Cherry Grove are not 

producing. 

October—During this month the market is very dull, and fluctua¬ 
tions small, there being no field excitement to move it.7th. Clark 

& Foster’s well, Cooper district, tract 2,735, starts at 75 barrels. 

12th. The Cherry Grove production to-day is 6,674 barrels.14th. 

A report of Tom Percey’s well, near Niles, Allegany County, has a 
depressing effect on prices. The well afterwards proves to be a 

































46 


Petroleum Notes, 1882-3 


failure...17th. A clearing house is established by the Oil City 

Oil Exchange.21st. Lee & Co., strike a good well on the Hughes 

farm, Cranberry.24th. The Anchor Oil Co.’s well, on the Cooper 

tract, drilled into the sand and showing for 100 barrels. 

November—4th. The market advances over the dollar point. 

6th. Sales and re-sales on the floor of the Oil City Exchange, 17,- 

765,000 barrels.17th. The Anchor Oil Co.’s well on the Cooper 

tract opened, and reported at 1,000 barrels. The market becomes 

panicky.18th. Contradictory reports from the Anchor well, 

which is guarded.20th. It is believed that the Anchor well is an 

average Sheffield producer.22d. The Anchor well is open to the 

public, and producing 350 barrels.23d. The panic in the market 

which has been gathering for several days, comes to-day, and values 

are depressed below $1.00.24tli. The market drops lower, and is 

very panicky. A whirl of values follows till the close of the month, 
and many speculators are ruined. 

December 6th. The Reno, the Shultz and the Murphy wells, 

on the Cooper tract, are near the sand, and exciting attention. 

8th. The Emerson block, La Pierre House and other buildings 

burned in Bradford.12th. Excitement in Corry over the failure 

of several firms, caused by oil speculation.Grandin No 3, at Ball- 

town, drilled into the sand and makes 675 barrels in sixteen hours. 
13th. The market which closed last night at $1.08j, opened this 

morning at $1.05, but few sales were made above $1.01.14th. 

The Grandin well made 1,000 barrels the first day, and 672 the 

second.19th. Reno well, Cooper, starts off at 150 barrels an hour; 

Murphy’s well, same tract, showing for 50 barrels a day.20th. 

The Reno is flowing on the ground; its production is estimated at 

1,800 barrels; Grandin No. 3, has declined to 384 barrels.29th. 

Grandin No. 4, near No. 3, at Balltown, drilled into the sand and dry. 

1883 . 

January—2d. An effort made to break the market ontheTorrey 
& Davis well, lot 55, Alma. Reed & Brenneman’s well, on Cooper, 

gasing strongly from second sand.3d. Drilling begun at the 

Shultz well, Cooper, near the sand.6th. Oil City Oil Exchange 

answers the charges made by Pittsburgh parties against the United 
Pipe Lines, by declaring that its members have full confidence in the 

integrity of the Pipe Lines.8th. Shultz well opened and breaks 

the market, by starting off at 100 barrels in 45 minutes. Then the 
Clark & Foster well, on Cooper, is reported dry, and the market 

advances. Franklin Oil Exchange opened for business.9th. 

Shultz well made 500 barrels the first twenty hours.10th. Reid 

& Brenneman well, on Cooper, is reported dry at four feet in the 
sand, and market advances, and then begins flowing at 100 barrels 

an hour; the market breaks, and the buzz of the whipsaw is loud. 

11th. Interest centres about the Patterson well, north of the Cooper 

tract.12th. Forest Oil Co.’s well, Baldridge, doing 500 barrels. 

.16th. Death of Major Henry Wetter; Patterson well shutdown 

on top of sand.20th. Shannon No. 2, Cooper tract, starts at 200 

barrels.24th. Patterson well comes in dry.30th. Efforts made 































Petroleum Notes, 1883 . 


47 


to break the market on an old well in Potter County; Union No. 5, 
Cooper, completed, and made 1,430 barrels first day. 

February—Producers’ meetings were held the first of this month, 

to defeat the extension of the Roberts torpedo patent.5th. Cooper 

tract production 1,865 barrels daily.6th. Galey well, at Ball- 

town, is dry.10th. Balltown Oil Co.’s well, at mouth of Porcu¬ 
pine Creek, strikes sand and is showing small.15th. Forest Oil 

Co.’s No. 1, Cooper, starts at 200 barrels a day.20th. Cooper 

tract production 1,736 barrels.24th. Grandin No. 5 strikes the 

sand, and showing large.27th. Grandin No. 5 drilled into the 

sand, and shows for 200 barrels.28th. Cooper tract production, 

from 21 wells, 1,626 barrels. 

March—7th. McCalmont No. 3, starts at 265 barrels in three 

hours.9th. Patterson, No. 2. starts at 70 barrels an hour, and 

declines to 60 barrels the fourth hour.10th. Murphy No. 2, 

Cooper, shows small; Reno No. 2, starts at 54 barrels an hour for the 

first four hours.14th. Sherman well, Cooper tract, a mystery. 

16th. Judge Church renders his opinion in the Tidewater case in 

favor of the Pipe Line.18th. The Sherman well, Cooper tract, 

is dry.21st. A number of wells are being started in the Tiona 

district.22d. The Cooper wells are declining rapidly. A torpedo 

in Reno No. 2 increased its production to 900 barrels. Murphy’s No. 1, 

or the Porky well, strikes sand and shows small.24th. Fear of the 

Porky well causes a decline in prices.27th. The Porky well 

is guarded; opinions concerning it are conflicting.Anchor Oil Co’.s 

Nos. 14 and 16, shows small.29th. The Porky well opened and 

estimated at 1,000 barrels; it makes 65 barrels the first hour and 
52 the second hour. 

April—1st. The Porky well is declining rapidly.The Syndi¬ 

cate No. 1, on the Henry lands, drilled into the sand by unknown 

parties, and rig burned. It is showing for a good well.5th. 

Welsh No. 1, at Balltown, showing good on top of sand.Syndicate 

No. 1, Henry lands, starts at 750 barrel rate.9th. The Welsh 

well opened and makes 150 barrels in eight hours.10th. Grandin 

No. 6 starts off large, making 45 barrels the first hour and 30 the 

second; Welsh makes 394 barrels the first day.12th. Grandin 

No. 6, drilled deeper, and starts at the rate of 530 barrels a day. 

13th. It is understood that the Porky well has been flowing through 

a plug.15th. Drilling at the plug in the Porky well, and it is 

flowing 17 barrels an hour.16th. The plugs are out of Porky 

well, and its production has declined to 15 barrels an hour.23d. 

D. W. Clark’s well, lot 4792, Balltown, strikes sand and is shutdown. 
It shows some oil. The well is afterwards proven to be a small pro¬ 
ducer.25th. Reid & Brenneman’s well on lot 440, north of Cooper 

tract, started off to-day at a rate estimated at 1,000 barrels, but after¬ 
wards at 400 to 500 barrels. No other producing wells were ever 
struck in the vicinity of this gusher, which is now (December 31st, 

1883,) surrounded by dry holes.27th. The Murphy well, on 733, 

is a mystery.28th. Murphy’s well, 733, is dry. 

May—1st. Miller’s well, lot 732, Balltown, strikes a large gas 

vein.3d. Reid & Brenneman’s well, on lot 440, is drilled deeper 

and is showing small.6th. Reid & Brenneman’s well made 110 






































48 


Petroleum Notes, 1883 . 


barrels the last thirty hours.7th. Porky No. 2, at Balltown, 

shows small.11th. J. H. Markham’s wildcat, on lot 741, is a 

large gas well.13th. Porky No. 3 is a small well.15th. 

Mystery surrounds the Gartlan well, in the northeast corner of tract 

3,194, Balltown.18th. The Gartlan mystery cleared up, and it is 

a small well.29th. Cooper tract production, from 63 wells, is 4,632 

barrels.21st. Death of Wm. P. Finley, of Clarion County; 

Miller’s well, on 740, boarded up and mystified.25th. Dutch Oil 

Co.’s well, at Balltown, is very small. Towards the close of this 
month there began to be heard rumors of a syndicate which was 
buying oil, and prices were advanced in the face of several wildcats 
which were due, and the increasing production at Balltown. 

June—The syndicate idea takes possession of,outside buyers, and 
the result is a strong advance, which, however, culminates at $1.24f. 
A break, almost resulting in a panic, occurred June 4th, but values 
recovered again, and prices were held up the entire month, almost 
wholly on reports that the syndicate would put the market to $1.50. 
Even some of the best men in the trade were deceived by the reports. 
A syndicate had been formed in Pittsburgh, but its capital was not 
the tenth part of what it was credited with, and the advance was 

made almost wholly on “wind”.9th. Porky No. 6 comes in 

small. Large quantities of nitro-glycerine being used, and produc¬ 
tion increasing in Bradford and Allegany from cleaning out old wells. 

.11th. Effort made to break market on the Niles well No. 2; 

Patterson No. 8, Cooper tract, found a small pocket of oil, from which 

it flowed strongly for a short time and then became exhausted. 

15th. Grandin No. 9 starts at 75 barrels the first two hours, and 700 

barrels first 24 hours.21st. Howe Oil Co.’s No. 3, tract 4,792, 

Balltown, makes 80 barrels first hour.26th. Phillips Bros. ’ well, 

on the Renfrew, Baldridge, makes 225 barrels in 28 hours.28th. 

The Balltown wells decline largely.31st. Only one wildcat well, 

Henry Whitney’s, above Tionesta, is drilling in the whole oil region. 

July—10th. Howe No. 7, at Balltown, drilled three feet in sand 

and flowing about 300 barrels a day.11th. Howe 7 drilled deeper 

and flowing 62 barrels in three hours; the Smith well, at Wardw r ell, 

reaches the sand and opens up the Wardwell district.12th. 

Rumors are circulating concerning the dangers of the Macksburg 

field, in Ohio.15th. Howe No. 4, Balltown, flows 90 barrels in 

twelve hours, from the top of the sand.17th. Keeler well, at 

Macksburg, torpedoed and showing for 20 barrels.19th. Western 

Union telegraph operators strike.29th. Decker Bros.’ well, at 

Macksburg, makes 26 barrels the first day; Porcupine Oil Co.’s No. 
8 makes 800 barrels first 24 hours. 

August—7th. A. J. Gartlan gets a small well on 3,195, Ball- 

town.10th. Porky No. 9, at Balltown, drilled six to eight feet in 

sand, and estimated at 250 to 300 barrels; it made 37 barrels the 

first hour.11th. Porky No. 9 made 500 barrels in 17 hours. 

14th. McCalmont No. 5, Cooper tract, begins flowing strong from 
the second sand; Balltown No. 6 makes 104 barrels in two hours. 

.15th. Porky No. 9 drilled deeper and makes 250 barrels in two 

hours; and 1,975 barrels in 24 hours.17th. United Pipe Lines 

invite a committee from the oil exchanges of the country to witness 
































Petroleum Notes, 1883 . 


49 


the annual inspection of their tanks.24th. Balltown No. 10 

taps the sand and shows good.25th. Balltown No. 10 makes 91 

barrels in 16 hours; Haight well, west of Cooper tract, is dry. 

September—3d. Balltown No. 13 drilled deeper and makes 330 

barrels in six hours.4th. Grandin No. 14 makes 119 barrels in 

the first nine hours, at four feet in sand.5th. Grandin 14 drilled 

deeper, makes 250 barrels in 24 hours.13th. Grandin No. 13 

through sand and makes 100 barrels in 24 hours; Welsh No. 4, at 

Balltown, is dry.17th. Balltown No. 11 makes 40 barrels the 

first hour.18th. Balltown No. 11 drilled deeper, and makes 75 

barrels first hour.21st. Murphy & Galey’s No. 3, lot 3,133, Ball- 

town, showing for 400 barrels; Briody & Barnsdall well, lot 718, is 
dry.22d. Grandin No. 15 drilled sixteen feet in sand, and show¬ 
ing light; Porky No. 11 made 55 barrels the first hour.24th. 

Porky No. 10 strikes sand and showing for 400 to 500 barrels; Howe 

5 drilled deeper and makes 2,200 barrels.26th. Porky 10 drilled 

deeper and makes 36 barrels the first hour; Reed well, at Wardwell 
Ferry, starts at over 100 barrels. 

October—During this month the market was lifeless, although 
speculators generally were expecting better prices on account of the 
combination between the Standard and Tidewater to control the 
refined market. There were no outside buyers in the market and 

speculation was purely local.1st. O’Connor well, lot 106, Alma, 

shot, and shows small.2d. Duke & Harris, lot 744, Balltown, is 

dry.7th. Howe No. 10, Balltown, made 165 barrels first hour. 

.8th. Rhodes No. 2, at Wardwell, makes 170 barrels first 17 

hours.10th. Howe No. 13 starts at 75 barrels an hour; Cornen 

Bros, strike a fair well on lot 556, Clarendon, in the lower sand. 

.15th. Yandergrift & Miller’s well, lot 731, Balltown, is dry. 

19th. Dale Bros, strike a well in the Egypt field, which makes 1,300 

barrels in two days.29th. Reported several wells in the Allegany 

field stopped flowing. 

November—The speculative trade expected a large advance this 
month on account of the favorable condition of the field, and firm¬ 
ness of refined, but the outside buyers, for investment, refused to 
come in. The whole trade sold and bought on small profits, of two 

or three cents.2d. Some interest is felt in the result of the Mul- 

lin and the Painter & Bradley wildcats in the Macksburg field.7th. 

Porky No. 14 touches sand and is shut down; a hole is cut in its 

tank.8th. Porcupine Nos. 13 and 14 opened, No. 13 starting at 

35 barrels an hour; and No. 14 at the rate of 250 barrels the first day. 

.12th. A number of wells are drilling in the South Alma district, 

all of which are wildcats.15th. Refined advances and the trade 

looks for a higher market.16th. Some interest is felt in Gregory’s 

Tioga County well, near Westfield, Pa. ; Bradley & Co.’s well at 

Macksburg, is dry.21st. Porcupine No. 12, is reported dry in the 

morning and the market advances, but in the afternoon the well 
starts at 100 barrels an hour, and makes 165 barrels the first three 

hours.23d. Reed No. 2, at Wardwell, makes 375 barrels the first 

twenty-four hours.25th. The Forest Oil Co. ’s well, Renfrew farm, 

Baldridge, starts at 6 barrels an hour.27th. Reed No. 3 Ward- 

well, strikes sand, and shows for a 50 barrel well.28th. Huston, 

































50 


Petroleum Notes, 1883 


Brecht & Co. completed a 50 barrel well on lot 10, Clarksville, in ad¬ 
vance of old developments. 

December—Owing to the advance in refined and a firm feeling the 
early part of this month, there was considerable confidence mani¬ 
fested in a large advance. Outside buyers, however, refused to take 
hold, and the market hung the greater part of the month between 

$1.13 and $1.15.2d. Some interest is felt in a wildcat in Tioga 

County.4th. The Tioga well is dry.5th. Interest centres 

about the Harding well, lot 28, Alma, which is mystified.7th. 

Clark & Foster completed a dry hole on lot 573, Clarendon.11th. 

The Harding well, lot 28, Alma, is twenty-five feet in the sand, and 

showing for 2 barrels.14th. Porky No. 15, gets sand, and starts 

at a 500 barrel rate after being drilled deeper.16th. Porky No. 

15, made 528 barrels in twenty-four hours.17th. An attempt is 

made to create a sensation by reporting a large well at Ludlow. 

20th. Grandin No. 18, strikes the sand, and makes 112 barrels first 

twelve hours.21st. Grandin No. 18 is drilled deeper, and the 

production increased to 38 barrels an hour.24th. It is reported 

that a 300 barrel well has been struck twenty-five miles southeast of 

Macksburg, but the report seems to be a canard.26th. An effort 

is made to create a scare by means of the Union Oil Co.’s well on the 
Funk lands, by reporting it showing large from the Clarion County 
sand. This well has a little slush oil in it, but is of no import¬ 
ance.29th. Reed No. 4, at Wardwell, comes in dry.31st. The 

year closes with a large short interest in the trade; a decreasing pro¬ 
duction, refined advancing, and a general belief among old spec¬ 
ulators that an advance will come soon. 





4 



















Average Price per Barrel for Crude Oil at Wells 1859 to 1868. Inclusive. 


Market Quotations for 1859 to 1868 


51 


December.... 

W|NW|N 

OlOiOiOlOOiOWt'iO 1 

O^MCQOlONHOOO 

O cd ' <?d CO 1 -i CO <?d rH ^ 
<N —H 

November.... 

- 

HN 

O il K5 O lO O h O O O 
Ot'OJOQOOOJHiOCO 

oco ' cd cd © cd cd cd cd 

Ci i-H 

October. 

OOOlOiOiOOO>niC 

0‘0^r-i>i>orriDcoj 

oid ‘ i-5'd i> i> cd cd cd i 
Ci 

September.... 

WIN WN 

OWOWOMOOOIO 

OCOC<?DJiOOOi>iO'^CD 

o cd * r-i cd od id ^ cd cd 

Ol 

August. 


CiOlOt^ClWiOiOO 

ICCMOiCCrHCDt^'-iCl 

1 - 'ncdc ~T cd cd rf5 

rH 

July. 


WIN wNwN w|nwN 

DJOlOiOC^DtODJOi 

CDCOCJCJHHOCD^ 

oo ‘ i-5 cd oi id cd cd 

rH 

June. 


wN 

OOOOODJOOO 
iDlOOOiOCDlOOSi—ij 

os i-5 cd os id cd r-5 r}5 | 

May. 


wInwNHCH win 

OOiflM>b»OinW 

OlOOOOOOOCOCOCOOi 

© * ’ cd cd cd cd 

T—1 

April. ... 


w|n w|n 

ooot-cooior-ioi 

OOIDOOICOOSOIC 
1-5 1-5 * cd CD CD* cd cd cd 

iH 

March. 


*HKM »H|?lr-(bl 

(MOCJNOOICIOIO, 

OOCtCDiOOhhw 

cdid ' cd id CD cd 1-5 cd 

iH 

February. 


•“•iC"! 

COiflOhOOiffiO 
© lO WH ID CO ID -<f OO 00 

oo cd * cd tj 5 wd i-5 

H 

January. 


w|N 

LOCOIOOIOOI'IO 

CJOrHOOWOCClO 

os' o * cd t} 5 oo’ rr1-51-5 

1—1 tH 

YEARS. 

1859.. 

• ••• • • • • 

• •••••••• 

• ••••«••• 

• ••••••• 

• •••••••• 

• •••••••• 

*•••••••• 

• •••••••• 

• •••••••• 

o’ —' cd cd id cd t-5 od 

CD CD CD CD CD CD CD CO CD 
ODGOQOQDODQDGDODOD 

rlHrlWnrlHHH 































































Highest and Lowest Price of Crude Oil at Oil City. 


52 


Market Quotations for 1869 to 1874 


r- 

00 

Lowest. 

1 

r-.kM 

OOlOiOOOOOlOlOrHt^ 

HIOIOOOCOHOOOSM' 

nriHHHHHH'rt 

1 

l 

Highest. 

rH|<N i-'bj «kH 

IOO(MlOOi'hONOOOO 

©WOJHHMHC'tHHQOOJ 

THoir-icicii—i h r-( h h 

00 

r» 

r 

Lowest. 

| 

rH|C< 

OLOWOOOOIOIOMOO 

(MCOHMlOHi'HWHOO 

ci ci oi oi « « h h h T-i * ‘ 1 

CO 

Highest. 

OlOiOOCWlOiOOOhiC 

cioicicicicicii-Hi-1 h ri h 

j 1872. 

r 

Lowest. 

‘ 

rlt) 

o io io m o « o h o im o o 

r-li>COlOO5O5CO<0l©©OiC5 
CO CO CO CO CO CO CO* CO Tf -OH oi 

Highest. 

OOOOOOI-OOIOIOIOIO 

towoonicnooDCJhNH 

1871. 

Lowest. 

io o >o us >o «s ■ i :omo 
os os toio j>(m : : :®-io 

oicocococo^* : : j t}5 

Highest. 

• • 

LOOIOOOO ' "oooo 

lO LO <N 00 05 05 : : 05 H 00 t" 

tj 5 rf tj? eo Tf : : tjh io >^5 

-- 

© 

r~ i 

" i 

Lowest. 

omoioiomooooino 

COOOtC^t^Ttii^OJOOCOCOOO 

cocococococccidoioioioi 

Highest. 

iniooooinioooinmo 

Tji^HOM03®!Nl0050CO 
Tji r)! Tji fO 05 CO CO ni M M 

d 

to - 

00 

- i 

i 

Lowest. 

OtOOUOOOOOOOlOO 
i-HlOC00500QOG005C5 00 05 i> 

^iOTlSTfOOOO^^TtJ^TfCOj 

Highest. 

oommooioininomin 

cocoaocow<?Jcccor-ioJoo<Mj 

cocoicioinioinioinicicic 

• 

Date. 

January. 

February. 

March. 

April. 

May. 

June. 

J u *y. 

August. 

September. 

October . 

November. 

December.! 









































































Market Quotations for 1875 . 


53 


Opening, Highest, Lowest and Closing Prices of Oil at Wells. 


Note.—d., Date; o., Opening; h., Highest; L., Lowest; c., Closing. 




1875. 



JANUARY. 


D. 

0. 

H. 

L. 

c. 

2 

75 

77* 

75 

76* 

4 

80 

85 

80 

83$ 

5 

87 £ 

97* 

87* 

87* 

6 

881 

98$ 

88$ 

93$ 

7 

98f 

101* 

97* 

97* 

8 

98f 

115 

98$ 

110 

9 

111* 

117* 

105 

105 

11 

105 

120 

105 

113$ 

12 

115 

117* 

118$ 

113$ 

115 

13 

115 

115 

116* 

14 

115 

115 

110 

112* 

15 

112* 

112* 

105 

105 

16 

105 

105 

100 

101* 

18 

101* 

116* 

101* 

112* 

19 

112* 

112* 

106* 

107* 

20 

110 

111* 

107* 

111* 

21 

110 

111* 

110 

110 

22 

110 

111* 

108$ 

110 

23 

110 

111* 

110 

110 

25 

112* 

116* 

112* 

115 

26 

116* 

120 

116* 

116* 

27 

116* 

117* 

116* 

117* 

28 

116* 

117* 

116* 

116* 

29 

118* 

121* 

118$ 

120 

30 

120 

122* 

120 

121* 

FEBRUARY. 

1 

127$ 

136* 

125 

128$ 

2 

131* 

141* 

131* 

136* 

3 

137* 

138$ 

132* 

137* 

4 

142* 

146* 

142* 

146* 

5 

148$ 

167* 

148$ 

162* 

6 

165 

176* 

165 

172* 

8 

173$ 

182* 

170 

175 

9 

176* 

176* 

160 

168$ 

10 

168$ 

170 

150 

151* 

11 

150 

150 

128$ 

130 

12 

132* 

132* 

117* 

123$ 

13 

123$ 

127* 

123$ 

127* 

15 

130 

150 

130 

147* 

16 

147* 

165 

147* 

163$ 

17 

165 

166* 

157* 

157* 

181150 

156* 

142* 

155 


D. 

0. 

H. 

L. 

C. 

19 

157* 

157* 

150 

153$ 

20 

153$ 

155 

141* 

147* 

24 

147* 

160 

147* 

157* 

25 

160 

162* 

158$ 

157* 

26 

160 

166* 

160 

165 

27 

165 

175 

165 

175 


MARCH. 


1175 

180 

175 

178$ 

2 

176* 

178$ 

175 

175 

3 

175 

175 

166* 

170 

4 

170 

171* 

167* 

167* 

5 

165 

168$ 

165 

168$ 

6 

165 

167* 

165 

167* 

8 

166* 

166* 

161* 

163$ 

9 

163$ 

163$ 

157* 

163$ 

10 

163$ 

163$ 

161* 

161* 

11 

161* 

165 

161* 

165 

12 

163$ 

165 

161* 

165 

13 

166* 

171* 

166* 

170 

15 

170 

171* 

170 

170 

16 

167* 

167* 

165 

167* 

17 

165 

165 

158$ 

162* 

18 

162* 

165 

157* 

162* 

19 

165 

165 

153$ 

157* 

20 

157* 

157* 

153$ 

157* 

22 

157* 

161* 

157* 

160 

23 

160 

160 

156* 

160 

24 

158$ 

160 

157* 

158$ 

158$ 

25 

157* 

158$ 

156* 

27 

158$ 

160 

153$ 

157* 

29 

157* 

.158$ 

153$ 

155 

30 

153$ 

153$ 

150 

152* 

31 

152* 

157* 

148$ 

157* 

APRIL. 

1 

157* 

157* 

151* 

155 

o 

hJ 

155 

155 

147* 

148$ 

3 

146* 

146* 

142* 

146* 

5 

145 

151* 

145 

148$ 

6 

147* 

147* 

143$ 

143$ 

7 

142* 

142* 

135 

137* 

8 

137* 

138$ 

133$ 

135 

9 

136* 

138$ 

133$ 

138$ 

10 

140 

143$ 

138$ 

143$ 

12 

145 

150 

145 

147* 


D. 

o. 

H. 

L. 

c. 

13 

146* 

147* 

145 

147* 

14 

148$ 

151* 

147* 

150 

15 

150 

151* 

148$ 

148$ 

16 

146* 

147* 

142* 

145 

17 

143$ 

143$ 

135 

142* 

19 

142* 

143$ 

137* 

138$ 

20 

140 

140 

137* 

140 

21 

138$ 

140 

137* 

140 

22 

140 

140 

136* 

137* 

23 

135 

135 

131* 

132* 

24 

131* 

135 

130 

135 

26 

135 

135 

131* 

131* 

27 

131* 

132* 

125 

127* 

28 

127* 

130 

121* 

123$ 

29 

122* 

123$ 

118$ 

120 

30 

120 

125 

120 

123$ 



MAY. 


1 

125 

133$ 

125 

133$ 

3 

132* 

133$ 

131* 

132* 

4 

131* 

132* 

126* 

127* 

5 

125 

125 

120 

120 

6 

120 

120 

115 

116* 

7 

113$ 

118$ 

111* 

117* 

8 

120 

122* 

120 

121* 

10 

121* 

121* 

120 

120 

11 

U8| 

120 

115 

115 

12 

115 

117* 

110 

110 

13 

110 

112* 

105 

106* 

14 

106* 

107* 

102| 

107* 

15 

107* 

110 

107* 

108$ 

17 

108$ 

113$ 

107* 

113$ 

18 

113$ 

115 

107* 

110 

19 

110 

110 

110 

110 

20 

110 

113$ 

110 

113$ 

21 

112* 

112* 

108$ 

111* 

22 

110 

112* 

105 

108$ 

24 

108$ 

110 

108$ 

110 

25 

108$ 

110 

108$ 

108$ 

26 

108$ 

113$ 

108$ 

113$ 

27 

113$ 

130 

113$ 

126* 

28 

127* 

136* 

127* 

131* 

29 

130 

131* 

126* 

127* 

31 

125 

128$ 

120 

125 
































































































54 


Market Quotations for 1875 . 


JUNE. 


D. 

0 . 

H. 

L. 

c. 

1 

125 

130 

1231 

1261 

2 

126| 

1261 

1171 

1171 

3 

118f 

120 

1131 

1171 

4 

1171 

120 

1161 

1171 

5 

1171 

120 

1161 

118f 

7 

1211 

1261 

120 

122s 

8 

1221 

125 

120 

120 

9 

118f 

1211 

1161 

1211 

10 

120 

1221 

120 

120 

11 

120 

1211 

1171 

1181 

12 

118f 

1181 

1171 

1171 

14 

1171 

1181 

1161 

1171 

15 

1161 

1171 

1121 

115 

16 

1131 

115 

1071 

1111 

17 

1111 

1111 

1071 

108f 

18 

1081 

110 

1071 

110 

19 

110 

1131 

110 

1111 

21 

110 

1121 

1071 

110 

22 

110 

110 

1071 

1081 

23 

110 

110 

105 

1061 

24 

105 

105 

100 

100 

25 

100 

100 

90 

93f 

26 

921 

971 

921 

961 

28 

961 

1011 

961 

981 

29 

100 

105 

100 

100 

30 

100 

1021 

98f 

1021 

JULY. 

1 

1011 

1031 

98f 

981 

2 

100 

1011 

100 

100 

3 

100 

100 

98f 

981 

5 

981 

981 

961 

971 

6 

971 

971 

961 

971 

7 

961 

971 

95 

95 

8 

95 

95 

911 

91} 

9 

911 

931 

911 

921 

10 

911 

931 

911 

92* 

12 

921 

931 

90 

90 

13 

881 

881 

861 

861 

14 

861 

861 

811 

811 

15 

80 

80 

73f 

731 

16 

731 

731 

70 

721 

17 

721 

781 

721 

75 

19 

731 

75 

731 

731 

20 

731 

731 

721 

7211 

21 

721 

761 

721 

761 

22 

75 

761 

Til 

75 

23 

75 

761 

75 

75 

24 

75 

771 

75 

75 


D. 

0 . 

H. 

L. 

c. 

26 

761 

80 

761 

80 

27 

80 

821 

781 

811 

28 

821 

95 

821 

95 

29 

95 

100 

90 

921 

30 

931 

95 

85 

85 

31 

861 

861 

811 

821 


AUGUST. 


2 

821 

861 

821 

831 

3 

85 

861 

85 

85 

4 

861 

861 

85 

85 

5 

831 

881 

831 

871 

6 

90 

931 

90 

911 

7 

911 

921 

911 

911 

9 

911 

95 

911 

911 

10 

921 

93f 

921 

93| 

11 

931 

981 

931 

98| 

12 

971 

971 

95 

95 

13 

95 

95 

90 

911 

14 

921 

931 

921 

93| 

16 

931 

961 

921 

93| 

17 

95 

961 

931 

93| 

[18 

931 

931 

90 

90 

19 

90 

90 

871 

871 

20 

861 

90 

861 

90 

|21 

881 

90 

871 

871 

23 

88f 

90 

881 

881 

24 

881 

881 

861 

861 

25 

871 

90 

871 

88! 

26 

90 

95 

90 

93| i 

27 

95 

961 

911 

921; 

28 

921 

931 

911 

93! 

30 

95 

971 

95 

961 

31 

95 

97j 

95 

971 

SEPTEMBER. 

1 

971 

981 

971 

971 

2 

971 

105 

971 

1021 

3 

1021 

1081 

1021 

1061 

4 

1071 

115 

1071 

115 

6 

1171 

130 

1121 

118l! 

7 

1221 

1271 

1171 

118! 

8 

118f 

1221 

115 

1161 

j 9 

1161 

120 

115 

118! i 

10 

120 

120 

1161 

1171 

41 

118f 

1181 

1161 

1161 

13 

1181 

1261 

118| 

123! 

14 

1261 

135 

1261 

135 | 

15 

135 

140 

1321 

1371 

16 

1371 

1421 

135 

140 | 


D. 

0 . 

H. 

L. 

c. 

17 

1411 

1421 

140 

140 

18 

140 

143! 

140 

1421 

20 

1421 

145 

1421 

143| 

21 

145 

1461 

145 

145 

22 

145 

148! 

145 

1471 

23 

1471 

153! 

1471 

1521 

24 

1511 

1521 

1421 

1421 

25 

1421 

148! 

1421 

1471 

27 

1471 

148! 

1461 

1461 

28 

145 

1461 

138! 

140 

29 

140 

140 

1321 

135 

30 

1361 

136} 

1311 

1321 


OCTOBER. 


1 

1321 

133! 

125 

1271 

2 

1261 

133! 

123! 

125 

4 

1271 

130 

126! 

126! 

5 

1261 

1271 

1171 

118! 

1 6 

1161 

120 

115 

118! 

7 

118! 

118! 

116 

117! 

8 

1171 

1311 

116! 

128! 

9 

130 

143! 

130 

141! 

ill 

1411 

1511 

141! 

145 

12 

145 

145 

138! 

138! 

13 

1371 

1371 

128! 

130 

44 

130 

133! 

128! 

1321 

15 

1321 

1421 

128! 

141! 

16 

1411 

143! 

140 

142! 

18 

1421 

148! 

142! 

146! 

19 

148! 

1511 

145 

146! 

20 

1471 

1471 

145 

145 

21 

145 

145 

141! 

142! 

22 

1411 

1421 

138! 

138! 

23 

1371 

140 

136! 

137! 

25 

1361 

1371 

136! 

137! 

26 

138! 

143! 

138! 

141! 

27 

1411 

141! 

137! 

138! 

28 

1371 

138! 

136! 

136! 

29 

135 

136! 

131! 

132! 

30 

1321 

135 

132! 

133! 


NOVEMBER. 

1 

135 

135 

133! 

133! 

2 

133! 

135 

133! 

133f 

3 

133! 

135 

133! 

133! 

4 

135 

138|- 

135 

138| 

5 

138! 

138! 

136! 

136! 

6 

136! 

136! 

131! 

131! 

8 

132! 

133! 

128! 

128! 

9 

127! 

127! 

123! 

123| 

































































































Market Quotations for 1875-6 


55 


D. 

0. 

H. 

L. 

c. 

10 

125 

125 

120 

120 

11 

120 

123} 

116} 

122} 

12 

123| 

126} 

122} 

122} 

13 

122} 

123} 

121} 

121} 

15 

121 i 

123} 

121| 

122} 

16 

123} 

123} 

117} 

122} 

17 

122} 

128} 

122} 

126} 

18 

126} 

130 

125 

125 

19 

125f 

127} 

122} 

126} 

20 

127 0 

131} 

125 

131} 

22 

131} 

133} 

130 

130 

23 

130 

132} 

130 

131} 

24 

131} 

132} 130 

130 

26 

131} 

131} 

127} 

127} 

27 

127} 

128} 

125 

127} 

29 

127} 

130 

127} 

128} 

30 

128| 

130 

128} 

128} 

DECEMBER. 

1 

128| 131} 

128} 

131* 

2 

132} 

136} 

132} 

136} 

3 

136} 

136} 

135 

136}| 

4 

136} 

137} 

136} 

136} 

6 

135 

135 

132} 

133} 

7 

132} 

135 

130 

135 

8 

135 

136} 

135 

135 

9 

135 

137} 

135 

136} 

10 

136} 

137} 

135| 

136} 

11 

136} 

136} 

133} 

135 

13 

135 

136} 

135 

135 

14 

m 

138} 

136} 

138} 

15 

138} 

141} 

137} 

140| 

16 

140 

146} 

140 

146} 

17 

145 

145 

142} 

142} 

18 

143} 

143} 

140 

142} 

20 

143} 

145f 

143} 

145f 

21 

146} 

146} 

143} 

145 

22 

143} 

145 

143} 

145 

23 

143} 

143| 

141| 

142} 

24 

142} 

142} 

140 

141} 

27 

141} 

143} 

141} 

143} 

28 143} 

143} 

142} 

142} 

29 

142} 

145 

142} 1 

145 

30 

146} 

147} 

145 : 

146} 

31 

146} 

147} 

145f 

146} 



1876. 



JANUARY. 


3 147$ 

155 

147} 

155 

4155 

161} I 

152}! 

156} 


' D - 

0. 

H. 

L. 

c. 

5 

157} 

160f 

156} 

160§ 

1 6 

161} 

165| 

160 

161} 

7 

161} 

162} 

160 

160 

8 

160 

161} 

155 

160} 

10 

161} 

165 

160} 

165 

111 

165| 

170 

165} 

170 

12 

170 

170 

166} 

169| 

13 

169| 

172} 

168} 

171} 

14 

172} 

175 

172} 

174f 

15 

173} 

180 

173} 

179| 

17 

179| 

182} 

178} 

178} 

Il8 

178} 

178} 

173* 

173* 

19 

173} 

178* 

168} 

176} 

20 

176} 

182} 

176} 

181} 

21 

181} 

184| 

180 

181} 

22 

181} 

183} 

180 

181} 

24 

181} 

182} 

178} 

180 

25 

180 

184} 

180 

183} 

26 

183} 

188* 

183} 

188*! 

27 

188* 



192}! 

28 

192} 

196} 

191} 

194f 

29 

194f 

196} 

192} 

196} 

31 

196} 

208| 

19 6* 

207} 


FEBRUARY. 


1 208f 2122 208f 2111 

2 2m 2161 212} 2121 

3 210 213120612131 

4 215 218} 213} 213} 

5 2131 2161 2121 2121 ; 

7 2111 211l! 2061 2061 j 

8 20812081195 1981 

9 1971 1971 185 1881 
101881188f 1811 1861 
11 1871 205 1871 195f 
12196119611861190f 

14 190 190 185 1861 

15 186119211851 1921 

16 1921 200 191]1971 

17 198f 198|190 1911 

18 1881 195 1881 1911 
191911 1931 190| 191-1 
21194| 19711931 1961 
23199| 20611971 2061 
24 210 2121 2091 2111 
25;2131|215 2021 2031 
26 203} [206} 203} 206} 

28 2061 208112051 2061 

29 205 2061 [20312061 


MARCH. 


D. 

0 

H. 

L. 

c. 

1 

206} 

208} 

206} 

207} 

2 

206} 

206} 

205} 

205f 

3 

205} 

207} 

205} 

206} 

4 

205} 

206} 

202} 

202} 

6 

203g 

203} 

193* 

193} 

7 

193} 

194| 

190 

193} 

8 

193} 

196} 

191} 

1941 

9 

194} 

196} 

194f 

195 

10 

194} 

196} 

194f 

195 

11 

193} 

194f 

193} 

193} 

13 

195 

204§ 

195 

2041 

14 

205 

208* 

202} 

204f 

15 

204} 

205 

197} 

201} 

16 

202} 

203} 

198} 

200f 

17 

200 

200 

198* 

1991 

1 1 8 

198| 

2051 

198} 

204* 

20 

205 

206} 

205 

2051 

21 

205} 

206} 

205 

2051 

22 

205* 

208} 

205 

207} 

23 

211} 

211} 

208} 

210 

24 

210 

210 

208} 

2091 

25 

210 

212} 

210 

212} 

27 

213} 

214} 

210 

210 

28 

210 

211} 

206} 

210 

29 

210 

210} 

207} 

207} 

30 

207} 

208} 

206} 

208} 

31 

209} 

209} 

208} 

2091 



APR1 

L. 


1 

209| 

210 

209| 

210 

3 

210 

210 

208} 

208} 

4 

207} 

207} 

205 

205 

5 

204f 

205} 

202} 

205 

6 

205 

205 

201} 

203} 

7 

202} 

202} 

198} 

198} 

8 

197} 

198* 

196} 

196* 

10 

196} 

196} 

196} 

196* 

11 

196} 

197} 

188} 

188} 

12 

188} 

195 

188* 

190 

13 

190 

193} 

189f 

1901 

15 

189| 

190 

188} 

190 

17 

190! 

191} 

188} 

188} 

18 

189| 

190} 

188* 

1881 

19 

188} 

188* 

183* 

183} 

20 

183} 

183} 

178} 

183} 

21 

183} 

183} 

179| 

182} 

22 

178} 

178} 

173} 

173} 

24 

172} 

173* 

161* 

162} 

25 

160 

175f 

160 

166* 
















































56 


Market Quotations for 1876. 


D. 

0. 

H. 

L. 

c. 

26 

|l67$ 

190 

165 

185 

27 

1871 

195 

1861 

1861 

28 

180 

188| 

175 

185 

29 

11861 

1861 

180 

1180 

MAY. 

1 

180 

184f 

180 

1811 

2 

1811 

1871 

181-1 

185 

3 

'184| 

184f 

1821 

1821 

4 

180| 

1861 

1771 

1771 

5 

176$ 

1761 

1721 

173f 

6 

173| 

1771 

173f 

175| 

8 

175 

1821 

175 

1821 

9 

183f 

188$ 

183f 

1871 

11 

190 

1971 

190 

1971 

12 

1961 

1961 

1871 

1911 

13 

1911 

1921 

1871 

1911 

15 

1911 

1921 

186^ 

190 

16 

1911 

1981 

1911 

1961 

17 

1961 

1961 

194§ 

194f 

18 

193f 

195 

1921 

195 

19 

195 

195 

194f 

194| 

20 

195 j 

1961 

194| 

1961 

22 

1961 

198$ 

195f 

198$ 

23 

198$ 

198f 

198$ 

198$ 

24 

1971 

198$ 

1971 

198$ 

25 

19811 

m 

1961 

196$ 

26 

1961 

1961 

194f 

1961 

27 

1961 

1961 

1961 

1961 

29 

1961 

1961 

195 

195| 

31 

19611 

1961 

195| 

196$ 

JUNE. 


1 

1961 

2031 

1961 

2 

2061 

2081 

2061 

3 

2061 

2071 

1981 

5 

203f 

2031 

2011 

6 

2021 

2031 

1981 

7 

199f 

199f 

1961 

8 

198f 

1981 

1971 

9 

1971 

1971 

1971 

10 

1971 

198$ 

1971 

12 

1971 

1971 

1961 

13 

1971 

198f 

1971 

14 

198$ 

205 

198$ 

15 

205 

205f 

2011 

16 

198f 

200 

1961 

17 

199| 

199f 

1971 

19 

1981 

198$ 

195 

20 

194| 

195 

194f 

21 

1961 

2011 

1961 


203f 
2061 
2011 - 
202 ! 
199f 
198f 
1981 
1971 
197J 
196$ 
198$ 
205 
2011 
200 
1981 
195 
1971 
2011 


i 

D. 

| 

0. 

H. 

L. 

c. I 

22 

2031 

203f 

2041 

2021 

2021 

f 23 

2011 

2011 

203f 

24 

203 g 

2041 

2031 

2031 

26 

2021 

203f 

2021 

203f 

27 

203f 

2081 

2031 

2071 

28 

2071 

208-1 

2071 

208$ 

29 

2081 

2121 

2081 

2111 | 

30 

2111 

2131(2111 

2111 

JULY. 

1 

2111 

2111 

209f 

211$ 

5 

213$ 

2131 

213$ 

2131 

6 

2111 

2111 

210| 

210f 

1 7 

210| 

210f 

2o9f 

210 

8 

210 

210| 

209| 

210 (1 

10 

210f 

2131 

210 

213fJ] 

11 

213$ 

215 

2111 

215 

12 

2161 

220 

215f 

220 

13 

220f 

225-f 

220 

225| 

14 

225 

2261 

225 

225 

ji5 

224| 

225 

220 

225 

17 

224f 

2261 

2231 

224f 

18 

2221 

2231 

220f 

221$ : 

19 

2221 

2231 

2211 

223$ : 

20 

2231 

2261 

2231 

225f ■ 

21 

225| 

228f 

225f 

228$ : 

22 

2281 

230 

2271 

230 - 

24 

2311 

2361 

2311 

2361 ■ 

25 

2361 

243f 

2361 

243f ] 

26 

243f 

245 

2381 

238$ ] 

27 

238f 

240f 

2361 

240-| 5 

28 

241-1 

2411 

2381 

238|, 5 

29 

2381 

238f 

235 

235 ‘ 

31 

234| 

2371 

230f 

2371 5 

AUGUST. 

1 

2371 

240 

2361 

238$ 

2 

2381 

2381 

2361 

2 361| 1 

3 

2361 

2361 

229f 

230 U 

4 

230 

2311 

2211 

2231! j 

5 

223||229f 

2201 

229f - 

7 

228| 23l| 

2271 

2261 

229fj 

8 

22812331 

233fJ 

9 

235 

2411 

235 

2411 

10 

238f 

245 

238f 

240f 

11 

2411 

243f 

240 

2411 

12 

2411 

243$ 

239f- 

2431 

14 

2421 

245f 

240 

245 

15 

245 

250 

240 

248fJ 

16 

248|- 

2581 

248| 

2581 a 

17 

260 

275 

260 

270 |j 


D. O. 


2721 


269| 
2751 
280 


18 
19 
21 

22 

23 

24 

25 

26 
28 
29,393f 
30 360 


H. 


2721 

2771 

2811 

280 


L. 


277112881 
2871 
290 
318f 


290 
3171 
3721 
4021 
4031 
380 
31 3521 370 


3621 


268f 269f 
264|l275f 
275f 1280 
2771'2781 
2761(2871 
2871j289| 
290 3171 


318f!362! 
365 3921 
360 360 
350 13521 
3511:365 


SEPTEMBER. 


39411380 


1 365f 380 

2 380 
4 3971 400 
5(388|i388t 
6 3871 395 

3911395 
39213921 
383f 390 
3871 392-1 
391 ^ 

3971 


365|3761 
8,380 393| 
390 390 
380 
385 


3871 


3921 
389f (3921 
3791 385 


397f 

3871 
3911 
388| 


3971 
3971 

394| (395-| 388f 
38813891,3781 

OOr* ^ onr r, 


3871 

3921 

3961 

394f 

388f 

385 


3821 
384|(386l 
375 ,3771 
3661 375 


365 

368| 

368f 

358f 

360 

3711 

3811 

3911 


3861(380 
375 
3611 
3661 
3511 
3611 
360 


8 

3711 


3661 
370 
368f 

3601 3531 


360 


380f|3711 


3921, 


3811 


3911(3811 


3831 

375 

365 

3671 

3661 

368f 

360 

360 

3711 

380 

3911 

383f 


OCTOBER. 


2 

3811 

385 

3781 

380 

3 

380 

380 

360 

360 

4 

360 

365 

360 

3621 

5 

360 

364f 

359f 

3621 

6 

359| 

364f 

3591 

360 

7 

3581 

3621 

3571 

3581 

9 

3581 

360 

3361 

3361 

10 

3361 

350f 

3361 

3431 

11 

3411 

345 

336l|338f 

















































































































Market Quotations for 1876-7 


57 


D. 

o. 

H. 

L. 

12 

337! 

356 

337! 

13 

350 

355 

349f 

14 

350 

355 

350 

16 

352! 

354f 

345 

17 

3461 

347! 

340 

18 

340 

340 

3231 

19 

3261 

3261 

2991 

20 

304| 

3211 

300 

21 

3061 

315 

3061 

23 

312! 

3211 

312! 

24 

319* 

3211 


25 

3111 

312! 

2961 

26 

2961 

3061 

293! 

27 

305 

306! 

297! 

28 

305 

320 

305 

30 

3221 

337! 

322! 

31 

330 

3321 

312!l 


c. 


347 1 


351 l 


2 

i 

3531 

3461 

340 

325 

3031 

305 

3111 

318| 

310 

2961 

305 

304f 

320 

2311 

315 


D. 


O. 


3711 

375 

3871 

3861 

400 


410 


NOVEMBER. 


1(307! 

2 323| 

3 3211 

4 3231 
63211 
7 313| 
83121 


323!|3011|323f 
325 31313211 
325 12181 320! 
325 320 325 
3211314! 3161 
3171 3071 3111 
315 3121 


9 3121 3211(3121 
10 3161 3261 315 
11324f 3321 321| 


13331.1 

14 3311 

15 340 

16 


3421 

3421 

330 


17 

18 

20 3282 


313f 

3171 

325 

330 

3321 

340 


6 

7 

8 
9 

11 
12 
13 
14390 

15 391] 

16 3771 
18 390 
19381| 
201375 
21 355 

3671 
3731 
385 
380 

28' 

29 363f 

30 360 


(22 
23 
26 
1127 


H. 

L. 

c. 

374f 

370 

374f 

3861 

375 

385f 

390! 

3861 

3861 

400 

386! 

3981 

4161 

400 

4161 

423| 

4011 

408* 

14111 

388| 

388! 

3961 

390 

3921 

3911 

373f 

o75 

(3881 

374| 

3881 

3911 

3821 

382! 

381! 

365 

3731 

375 

3521 

355 

3661 

354* 

3661 

378f 

367! 

372! 

384! 

371! 

383J 

391! 

376! 

380# 

380 

365 

3671 

371! 

363! 

3631 

3671 

357! 

362! 

3671 

358f 

3611 

187*. 


FEBRUARY. 


D. 


O. 


3111 

3161 

3111 

310! 

313| 


313! 
303! 
2821 


6 
ry 

i 

8 

9 

10 
12 

13 

14 

15 2421 


H. 


315f 

321-1 

315 

314f 

3161 

313| 

303! 

2821 


L. 


2671 272^ 


270 


(2811 


27212721 


2621 


263! 

2421 


16 235 240 


JANUARY. 


335! 329f 
340f(330f 
346li336l|343l 
3461 338!j342 11 
345 328! 1330 
330 
333! 


315 3291 
32613321 


2 3611365 

3 3611 361-1 
35713571 
3461 348! 

3511 355 
3411(3431 

9 343! 3561 
10 3581 3631 351113541 
35311355 

12(35511358 


3611 3611 
35613561 
341l345f 
340! 3481 
3431(343! 
340|j3431 
343! 3561 


17 2371 

19 245 

20 265 

21 245f 
23 244f 
24j2431 

26 2431 

27 228! 

28 230! 


244f 

2621 

2721 

2521 

250' 


3081 
310 
310| 
310| 
3121 
3021 
285 
2621 
265 
270 
2611 
2421 
229f 
2361 
2361 
245 
243! 
2381 
2421 


c. 


2431 2381 
245 2331 
231:] 2231 
240 230! 


315f 

3111 

310f 

313! 

313! 

303! 

285 

266! 

270 

2711 

261! 

242! 

235 

2361 

245 

262! 

2461 

2471 

243f 

2421 

2331 

2311 

235! 


MARCH. 


237 1 


232 1 


13 354| 


364f 


21(3311 3311 320! 3231 ifil 

OO! QOO X ! 1 QOO X 1 * °°° 


22(322! 3361 3221 3311 
340 133111340 

7 


233311 


24(340 3511340 346* 


25 348g 3611 

27 3621375 

28 371! 373! 

29 360 (363! 


3481360! 
3621 374! 
357!358f 
35211360 


15(365 ,3711 
3671 


3531(353! 

35313641 


17i355f 
18(355! 
19 360 
20(3561 
22 3581 
123 3661 


365 
3561 
3561(348! 
3631(355! 
3621(355 
360 355f 
365! 358! 
369113611 


DECEMBER. 


1 

361! 

36313581(3601 

2 

360f 

36313581(3601 

4 

3601 

3661 360|(3631 

5 

365§ 

373i365f 371! 


24 3611 3611*355 
25 1 3511 356ll350| 
(26 351! 353! 1350 
27 3511 351! 349f 
(29*348! 348||337l 
322! 


30 337! 340| 


3111 


365 
3561 
355! 
360 
356] 
358! 
365| 
3611 
355 
3521 
353! 
349f 
3371 
325 
3111 


2* 

]. 

233! 
250 
263! 
7(258! 
8243! 
9 2471 
10(2521 


23212331 
2311233! 
2331248! 
250 '2621 
258! 2581 
241! 243! 
260 2411(2461 
2561 2461(2511 
2711 252! (268! 


2381 

2361 

250 

267! 

2731 

260§ 


12(268! 268! 262! 262^ 


13(262! 

14 2631 

15 270 

16 2811 
17(2721 

19 2731 

20 270! 

21 275# 

22 278! 

23 2731 


2681 * 2611261 ! 
2711(2631 268! 
280 270 
290! 270§ 

275! 265! 


274f(265f 


274-1265! 
2821(275! 

280 ; 270 
28312721 
24 2831290 2831 

26 285# 29312811 

27 292!.295 !280§: 285 
281286 ^ 128611277!!2831 


280 

272 1 


273! 

274f 

274f 

277! 

275 

282! 

285| 

2921 

































































































58 


Market Quotations for 1877. 


D. 


29 


O. H. L. 


C. 


283] 287]i283] 286] 
31 286l|288|!281l|286f 

APRIL. 



19 252^ 

20 256] 270 256] 266] 

21 266] 2711 2501 251] 

23 251] 251] 240| 241] 

24 240 247] 240 247] 


MAY. 



8 ' W ' VV 8 
zzsf 211] 214| 

216] 210 2101 
218] 210 216| 
218] 213] 213| 
$ 214] 210 210 | 
3] 209],204] 206] 
3] 212] 207] 210| 
>] 218] 211|I217]| 















































































Market Quotations for 1877-8. 


59 


1 234f 

2 2351 

3 232g 

4 234| 

5 235] 
6237] 

8 2351 

9 j236]- 

10 236] 

11 235| 
12236] 
13)236] 

15 236] 

16 231| 

17 232] 

18 228| 

19 220 

20 214f 
213] 
216] 
215 
2121 
210 | 

27,208] 
29 208] 
301208] 
31 198] 


OCTOBER. 

238] 2341 236] 
235f;231]|231f 
235 231] 2341 


231] 


22 

23 

24 

25 

26 


235 ]!2331 235 ^ 
238 1 2351,236 ] 
238] 235 235] 
2371235 2371 
2371 236] 236] 
23711233] 235] 
236] 235] 235] 
236] 236] 236] 
2371 236] 236] 
236] 2321 2321 
233] 231] 2321 
233] 228] 228] 
228] 216] 218] 
221] 206] 2121| 

215] 208] 211]j 
214| 2121 214] 

216] 215 215 | 
215 208] 211]j 
213] 209] 210 
211] 208] 12091 
210 206] 208] 
210 20712091 
208] 196] 198] 
20 1]jl97] 198] 


NOVEMBER. 


1 

198] 

202] 

197] 

198] 

2 

198] 

199| 

196] 

196] 

3 

196] 

196] 

186] 

188] 

5 

187] 

187] 

173] 

180 

6 

181] 

191] 

181] 

181! 


D. 

o. 

H. 

L. 

1 

c. 

14 

238 J 

240] 

2364 

240 i 

15 

240] 

240] 

233] 

2341 

17 

233J 

236] 

231] 

235|) 

18 

235] 

236] 

233] 

2341 

19 

233] 

234f 

231] 

232] 

20 

232] 

2334 

228] 

230| I 

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60 


Market Quotations for 1878. 


MARCH. 

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c. 

1 

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Market Quotations for 1878-9 


61 


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16 

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20 
21 
22 

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24 
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Market Quotations for 1879. 


D. 

0. 

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L. 

c. 

30 

95f 

981 

95 

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80 

5 

80 

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80 

80 

7 

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8 

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9 

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10 

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12 

80 

801 

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80 

80 

15 

80 

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16 

79$ 

791 

77-2 

77! 

17 

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77-2 

76! 

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18 

76$ 

78$ 

76! 

781 

19 

78$ 

781 

77! 

77! 

21 

77! 

78$ 

76! 

77! 

22 

77! 

78$ 

76! 

76! 

23 

76! 

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761 

761 

24 

76-1 

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75 

75 

25 

75 

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731 

74$ 

26 

74$ 

761 

74$ 

74! 

28 

741 

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74$ 

29 

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75 

MAY. 

1 

75 

75 

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75 

2 

75 

771 

75 

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3 

761 

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75 

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5 

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761 

75 

761 

6 

761 

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75 

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8 

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9 

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76! 

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16 

77! 

77! 

761 

761 

17 

761 

76! 

761 

761 

19 

761 

761 

75f 

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D. 

0. 

H. 

L. 

c. 

20 

75$ 

761 

75 

75 

21 

75 

75 

731 

731 

22 

731 

74$ 

731 

74! 

23 

74$ 

75 

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24 

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75 

26 

75 

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27 

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28 

74$ 

75 

731 

731 

29 

731 

74$ 

731 

731 

31 

731 

74f 

731 

731 


JUNE. 


2 

74! 

75 

731 

731 

3 

731 

731 

731 

731 

4 

73$ 

73$ 

72! 

72! 

5 

72! 

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6 

70 

70 

67! 

681 

7 

68$ 

681 

67! 

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9 

681 

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681 

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10 

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11 

681 

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67! 

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65 

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14 

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16 

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17 

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18 

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65 

65 

19 

65$ 

681 

65f 

661 

20 

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66! 

65 

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21 

64$ 

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23 

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69! 

24 

70 

72! 

70 

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25 

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75 

69$ 

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26 

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72! 

681 

72! 

27 

72! 

73$ 

71$ 

711 

28 

71$ 

711 

681 

70 

30 

68| 

70 

681 

70 


JULY. 


1 

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73$ 

71$ 

731 

2 

731 

731 

71! 

72! 

3 

72! 

72! 

71! 

71! 

7 

70$ 

711 

70 

70 

8 

69$ 

69$ 

68$ 

681 

9 

69$ 

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69$ 

70 

10 

70 

70 

69$ 

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11 

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69! 

681 

681 

12 

68$ 

70f 

681 

701 

14 

701 

71! 

70 

70 

15 

70 

70 

69| 

69! 

16 

69 f 

70 

681 

69$ 





































































































Market Quotations for 1879. 


63 


D. 

0 . 

H. 

L. 

17 

68| 

69} 

68| 

18 

68f 

69! 

68f 

19 

69! 

7H 

69! 

21 

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71! 

70 

22 

70 

70 

693 

23 

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68| 

24 

68| 

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68! 

25 

68| 

70 j 

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26 

70 

70 

69! 

28 

69! 

70 

69!, 

29 

70 

70| 

70 ! 

30 

70 

70 

69| 

31 

69! 

70 

69! 


AUGUST. 


1 

69f 

70 

691 

0 

69! 

70! 

69! 

4 

70 

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70 

5 

70 

70 

691 

6 

70 

70 

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7 

70 

70 

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8 

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70 

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9 

68! 

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68! 

11 

68! 

70 

68! 

12 

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681 

13 

68! 

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67! 

14 

68J 

681 

67! 

15 

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18 

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22 

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27 

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66! 

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28 

65 

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29 

65 

661 

65 

30 

65| 

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65! 


SEPTEMBER. 


1 

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2 

66! 

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3 

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65 

4 

65| 

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5 

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8 

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c. 


68J 
69| 
70| 
70 
69| 
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68 | 
70 
70 
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70 
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69! 



66 i 

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65f 

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661 

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D. 

0 . 

H. 

L. 

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9 

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29 

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OCTOBER. 

1 

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2 

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3 

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4 

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16 

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1 20 

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90 

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22 

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23 

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24 

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25 

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27 

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28 

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90 

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90 

29 

903 

91! 

90 

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30 

91! 

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31 

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88} 

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NOVEMBER. 

1 1! 90 

90} | 89} 

90 1 


D. O. H. L. C. 


3 90! 901 90 90 

4 90 90 891 89f 

5 90 90| 89| 89| 

6 89! 90 89! 89| 

7 89! 90 88| 90 

8 90 901 90 90 

10 90 90| 89! 901 

11 90| 931 90! 921 

12 931 95 931 95 

13- 95 106] 95 106] 

14110 11411031103| 
15 105! 109! 105tl08f 
17 109f 120 1091117! 
18!ll81119| 11211181 
19118112111161120 
201191125 1181125 

21 125 128112211221 

22 121} 1211110! 1181 
24120 12111171120 

25 119! H9| 1171118f 

26 11811181115 1171 
28 1171118|115 116] 

DECEMBER. 


1 124! 126! 1221126] 

2 12711281125 1261 
3125 126!124| 1261 
4 126! 1271 124f 124| 
5123f 124! 120 120 
6 120 123lll9f 123] 

8 1231123f 121! 123| 

9 1221127! 1221126! 

10 127! 127! 125f 126]- 

11 125 1261124! 124f 

12 124! 125 120|121! 

13 121! 123|120 121! 
15120 1211 116! 119! 
jl6 118f 120 1161116! 
17 11611171115 115§ 
1811611161110 1101 

19 llOf 115 llOf 114f 

20 114! 1181114! 115f 

22 115| 115f 11311131 

23 113f 1171110 110 

24 110 113f 108f llOf 

26 110! H31 llOf 1131 

27 114| 115! 111! 111! 

29 111! 1131109| 109f 

30 108| 110! 1081llOf 
i31110f 113f llOf llOf 





























































































64 


Market Quotations for 1880, 


1880 . 

JANUARY. 

D. O. H. L. C. 


2109111211109*1111 
3 1121113f jllOf 110f 

5 llOf 112£|llO||llH 

6 111J|113| lllj llli 
7I112J 112J llli lllj 
8; 111-1115 11111121 
91131115 113lll3f 

10115 115 11311131 

12 113f|115f 111311131 

13 113| 113||112l 1131 

14 113f 115| 11311131 
15j 1131 j 113lll0f HOf 
16 110 110110811081 
17 108l,108| 105 1071 

19 10711071105 1051 

20 1051106110511061 

21 1061108110611061 

22 1071108110711071 

23 1061107110611071 

24 108| 11111081 HO 

26 1121114| 11111111 

27 11111121108f 109f 

28 1091109f 1071 1071 

29 1061108| 105f 1071 

30 108| 1121108| 1111 

31 no| 1121 lost no 


FEBRUARY. 

2 110 1111108| 108f 

3 108f 109f 10811081 

4 108|110 108| 108| 
5108fll0 108! 110 
611011111110 llOf 
7 109|110 108|108| 
9 108f 109f 1081108| 

10 108| 108| 10811081 
11 108| 108| 108-1108£ 
12 1081108f 10711081 
1310811081105 105 
14 105110611031 105f 
16105f 105| 104|105 

17 104fl05 10311031 

18 10311031 99f 99f 

19 99f 100 971 971 

2Q 961 961 95 95 

21 961 981 951 95f 

24 951 961 94|| 95 

25 941 95 9211 921 


D. 

0 . 

H. 

L. 

c. 

D. 

0 . 

H. 

L. 

c. 

26 

911 

95f 

911 

95| 

22 

711 

721 

711 

711 

27 

961 

971 

95 

961 

23 

711 

721 

711 

721 

28 

971 

98! 

941 

94! 

24 

721 

721 

711 

711 

MARCH. 

26 

27 

71* 

721 

721 

75 

711 

721 

/ 4'sr 

731 

1 

921 

95 

911 

911 

28 

* -'2 
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75 

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73! 

2 

911 

911 

901 

90! 

29 

73| 

74f 

73! 

73f 

3 

921 

931 

911 

931 

30 

74 § 

75 

73! 

73f 

4 

»3i 

931 

90! 

»0f 






5 

911 

911 

90 

90 



MAY. 


6 

90ft 

911 

891 

89| 

1 

731 

73! 

721 

73f 

8 

89| 

89f 

861 

861 

3 

731 

73f 

721 

731 

9 

861 

881 

851 

85! 

4 

731 

73! 

721 

721 

10 

861 

881 

861 

86! 

5 

721 

731 

721 

721 

11 

861 

881 

861 

871 

6 

731 

75 

731 

75 

12 

88! 

911 

881 

89f 

7 

75f 

761 

73! 

761 

13 

89| 

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861 

88! 

8 

771 

821 

761 

761 

15 

88f 

911 

88! 

911 

10 

771 

79* 

771 

78! 

16 

921 

93f 

90! 

911 

11 

781 

781 

75 

75 

17 

901 

911 

88| 

88| 

12 

771 

771 

73! 

761 

18 

88| 

90 

871 

871 

13 

771 

771 

73! 

75 

19 

871 

89! 

871 

89* 

14 

75 

761 

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761 

20 

89| 

891 

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15 

761 

771 

761 

761 

22 

89f 

90 

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17 

' '1 

811 

761 

811 

23 

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90 

89! 

90 

18 

811 

85 

80 

80-1 

24 

88f 

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88! 

88f 

19 

80 

861 

80 

861 

25 

89f 

891 

88! 

88! 

20 

85* 

871 

83! 

85 

27 

88! 

881 

871 

87-1 

21 

84f 

85 

821 

821 

29 

88! 

88! 

871 

871 

22 

811 

811 

80f 

80| 

30 

871 

88! 

87! 

881 

24 

811 

831 

801 

831 

31 

88! 

88! 

861 

861 

25 

83! 

90 

831 

871 



APRIL. 


26 

881 

93! 

88! 

911 






27 

911 

921 

881 

90 

1 

85| 

851 

85 

85 

28 

90& 

921 

90! 

911 

2 

85 

85| 

85 

851 

31 

911 

100 

911 

981 

3 

85f 

861 

85 

86! 






5 

861 

861 

85|- 

861 



JUIMt. 


6 

861 

861 

85 

85 

1 100 

100 

94* 

94* 

7 

85 

851 

831 

83! 

2 

93! 

94| 

90 

90 

8 

831 

831 

811 

811 

3 

90 

911 

90 

911 

9 

811 

8l! 

781 

78| 

4 

921 

95 

921 

94* 

10 

78! 

78! 

76-1 

771 

5 

95 

961 

931 

93! 

12 

78! 

78! 

75 

75 

7 

93! 

95! 

93| 

95 

13 

75 

75 

711 

73* 

8 

95§ 

95! 

94* 

95 

14 

75 

75 

721 

731 

! 9 

95! 

95ft 

93! 

93! 

15 

721 

74! 

711 

73! 

10 

93f 

93! 

91! 

9l! 

16 

73f 

75f 

73! 

73| 

11 

911 

93f 

911 

93f 

17 

74| 

75 

741 

74f 

12 

95 

95 

021 

93* 

19 

75 

75 

73| 

73! 

14 

931 

93| 

931 

93*. 

20 

73f 

73f 

711 

711 

15 

93! 

| 95 

| 93| 

94*. 

21 

711 

711 

71! 

711 

16 

93f 

94* 

1 93! 

1 93* 




























































































Market Quotations for 1880. 


65 


D. O. 


17 

18 
19 


93f 
94| 

961 

21 107J 

22 120 

24 1121 

25 1011 

26 108| 
28120 
29 11211131 
30110 1111 


H. 


93| 

95f 

104f 

1171 

124f 

1131 

108| 

1161 

120 


931 

94f 

961 

1071 


c. 


93f 
90f 
103f 
116 i 


1161118 | 
103||103| 
99f 1081 
10711161 
1111113f 
1111)1121 
1071 111 


JULY. 


1 

108| 

109! 

103f 

108} 

2 

1071 

113| 

105 

113f 

7 

1171 

118} 

1111 

113f 

8 

1111 

115f 

mi 

nil 

9 

1111 

113} 

not 

nil 

10 

mi 

mi 

108} 

108} 

12 

106# 

108} 

105 

105 

131104# 

105} 

103f 

103| 

14 

103} 

105# 

1021 

1031 

15 

1031 

104! 

100 

100} 

16 

103| 

103f 

100 

103f 

17 

105 

105 

100! 

100} 

19 

1011 

ion 

971 

971 

20 

971 

971 

93f 

961 

21 

961 

961 

911 

911 

22 

911 

95 

90 

95 

23 

95 

98| 

931 

961 

24 

961 

961 

94§ 

94 § 

26 

93f 

94! 

911 

911 

27 

91} 

94f 

90} 

94| 

28 

94| 

971 

94| 

97-1 

29 

981 

103} 

961 

961 

30 

961 

981 

931 

931 

31 

93f 

94f 

931 

93} 


AUGUST. 


2 

94| 

971 

93f 

961 

3 

971 

971 

94f 

94f 

4 

94| 

95 

93f 

93| 

5 

93f 

95 

93} 

95 

6 

95 

961 

95 

95 

7 

95 

95} 

93f 

94| 

9 

95 

95 

93} 

93} 

10 

921 

921 

901 

90} 

11 

90 

90 

86# 

861 

12 

861 

881 

85} 

85} 

13 

85 

88f 

85 

861 

14 

871 

88} 

861 

871 


D. 

0. 

H. 

L. 

c. 

D. 

0. 

H. 

L. 

c. 

16 

871 

88} 

861 

86! 

8 

100 

100} 

98| 

98f 

17 

86} 

90 

861 

89} 

9 

99f 

100 

98} 

98} 

18 

89! 

90 

88} 

88} 

11 

98f 

100 

98} 

98| 

19 

88} 

88f 

87# 

871 

12 

99f 

100 

98| 

98f 

20 

88} 

89! 

88} 

88f 

13 

99f 

99f 

97! 

97! 

21 

89f 

911 

89f 

90} 

14 

971 

97! 

96! 

96! 

23 

911 

961 

911 

961 

15 

961 

97! 

95} 

96! 

24 

961 

961 

90f 

911 

16 

971 

98| 

96! 

98} 

25 

91} 

91} 

871 

871 

18 

98| 

100 

98| 

99! 

26 

871 

90 

871 

88| 

19 

100 

100} 

971 

971 

27 

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911 

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20 

97J 

98f 

961 

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28 

911 

911 

90f 

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21 

97# 

98} 

97! 

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30 

911 

921 

90} 

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22 

97! 

97! 

95} 

961 

31 

90} 

93} 

901 

90} 

23 

25 

961 

96! 

96} 

96} 

95f 

95 

961 

95 







SEPTEMBER. 


26 

95} 

95} 

93} 

93} 






27 

921 

93! 

911 

931 



90f 

881 


1 

901 

90 

28 

93f 

94§ 

93f 

93f 

2 

89} 

90 

89} 

89f 

29 

93! 

94| 

91! 

93} 

3 

90 

90| 

89f 

911 

90 

911 

90 

89} 

89} 

90} 

89| 

90} 

91} 

30 

93f 

94} 

93f 

94! 

4 

6 

NOVEMBER. 

7 

911 

93} 

911 

1 

95 

95} 

94! 

95 

8 

921 

93f 

911 

93# 

3 

95| 

95} 

93f 

93f 

9 

93f 

961 

93} 

93} 

4 

931 

93} 

911 

91# 

10 

93} 

95} 

93} 

95 

5 

91! 

91} 

911 

91! 

11 

961 

961 

94} 

95 

6 

92! 

92! 

90 

90 

13 

95} 

95} 

93f 

93f 

8 

90# 

91! 

90 

90 

14 

94} 

95 

94f 

95 

9 

90} 

90} 

89f 

89} 

15 

95} 

961 

95 

95 

10 

89f 

90 

89f 

89f 

16 

95f 

95} 

94f 

95 

11 

89f 

89} 

88| 

881 

17 

95 

961 

95 

961 

12 

88f 

88f 

88! 

88} 

18 

95f 

961 

93| 

96-1 

13 

88| 

88f 

87! 

871 

20 

100 

108| 

109f 

100 

1071 

15 

87! 

88f 

87! 

881 

21 

108f 

1011 

1011 

16 

88f 

911 

88| 

89f 

22 

1011 

104f 

981 

99| 

17 

89| 

911 

89f 

91# 

23 

99f 

100 

961 

981 

18 

911 

93| 

911 

931 

24 

981 

98f 

961 

96! 

19 

93| 

93f 

90} 

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79! 

78} 

78} 

13 

78} 

79} 

78} 

79} 

14 

80} 

80} 

79* 

79| 

15 

79} 

79} 

78} 

78} 

17 

78} 

79} 

78} 

79} 

18 

79! 

79} 

79} 

79* 

19 

79} 

79} 

78} 

78} 

20 

78} 

78} 

78 

78} 

21 

78} 

78* 

77} 

78} 

22 

78} 

78} 

78} 

78| 

24 

78} 

78} 

78 

78 

25 

78 

78} 

77} 

77} 

26 

77! 

77! 

76} 

77} 

27 

76} 

76} 

76| 

76 

76 

28 

76} 

76} 

76} 























































































Market Quotations for 1882 . 


69 


D. O. H. L. 


291 76f | 76$| 75 


C. 


75 


MAY. 


ll 

75} 

75} 

73! 

73! 

2 

73! 

741 

73! 

74f 

3 

741 

741 

72! 

72! 

4 

72 

72f 

71f 

72f 

5 

72f 

73! 

721 

721 

6 

72! 

73! 

72! 

73§ 

8 

73! 

75 

73} 

741 

9 

74| 

74! 

72! 

72f 

10 

721 

75! 

72| 

75f 

11 

75! 

76! 

74§ 

75 

12 

75} 

75! 

74| 

75| 

13 

751 

751 

74! 

76| 

15 

74| 

74! 

74 

74 

16 

73f 

74| 

73| 

73f 

17 

73| 

73! 

731 

73! 

18 

731 

74 

711 

711 

19 

69| 

69! 

651 

65| 

20 

641 

68! 

641 

68 

22 

67 

67| 

65! 

66! 

23 

66f 

66! 

631 

631 

24 

65 

651 

63! 

64} 

25 

641 

641 

63! 

64} 

26 

64! 

64! 

63! 

63} 

27 

64 

64 

63 

63 

29 

62! 

62! 

60 

60! 

31 

591 

591 

55! 

56 

JUNE. 

1 

55 

61! 

55 

60f 

2 

62 

64 

60 

60! 

3 

57 

601 

56! 

58 

5 

59 

59! 

57! 

57} 

6 

57! 

58f 

56} 

571 

7 

57} 

58 

57} 

57} 

8 

57 

57 

561 

56} 

9 

55f 

56f 

54} 

541 

10 

54f 

541 

52! 

531 

12 

53! 

54! 

521 

52! 

13 

53 

54 

52f 

54 

14 

54} 

55| 

53} 

53} 

15 

52! 

53 

51 f 

51f 

16 

51! 

531 

51 

52| 

17 

53 

531 

52! 

52! 

19 

52! 

531 

52! 

521 

20 

52|- 

52| 

51! 

52} 

21 

52} 

52 ! 

51! 

52$ 

22 

52| 

1 53! 

52| 

53| 


D. 

0. 

H. 

L. 

c. ’ 

23 

53 

54 

53 

53 g 

24 

53! 

53! 

52} 

52! 

26 

521 

53 

52} 

52$ 

27 

52$ 

541 

521 

52$ 

28 

521 

54 

521 

531 

29 

531 

53} 

52! 

52! 

30 

531 

53! 

521 

52! 

JULY. 

1 

52! 

53 

52} 

52! 

5 

51! 

511 

501 

501 

6 

501 

50} 

491 

49| 

7 

491 

53 

491 

52! 

8 

53$ 

58} 

53 

55! 

10 

57 

59 

55f 

58! 

11 

60 

601 

561 

56$ 

12 

561 

581 

55! 

58} 

13 

58$ 

58} 

56} 

57 

14 

57} 

58 

56} 

58 

15 

58} 

59 

57| 

57} 

17 

57| 

57} 

56} 

57 

18 

561 

58$ 

561 

57} 

19 

57$ 

581 

57! 

581 

20 

58} 

581 

57! 

57} 

21 

571 

581 

571 

58} 

22 

59 

60 

59 

59} 

24 

60 

62! 

60 

62 

25 

62! 

63} 

61! 

62} 

26 

621 

62$ 

60} 

601 

!27 

60! 

60! 

57! 

57! 

28 

57! 

61f 

57! 

61$ 

129 

62 

631 

60! 

621 

31 

1 63 

63} 

60! 

61 


AUGUST. 


1 

2 

3 

4 

5 
7 

! 8 

9 

10 

11 

12 

14 

15 

16 

17 

18 


60! 

61} 

59$ 

601 

601 

591 

59} 

59! 

58$ 

581 

60! 

581 

60! 

61! 

60 

60! 

611 

59! 

59! 

601 

59! 

60 

61§ 

60 I 

61 

61! 

60$ 

601 

611 

60} 

60} 

60! 

601 

60! 

601 

59} 

59! 

59! 

58-1 

59 

591 

58} 

591 

59} 

59} 

59! 

59$ 

59 


61 
59 i 

59 
60f 
60! 

60 
59| 
60| 
611 
601 
60f 
59$ 
59 
591 
591 
59 


D. 

0. 

H. 

L. 

c. 

19 

591 

59$ 

58} 

58$ 

21 

58} 

58| 

57 

57! 

22 

57} 

571 

57} 

57} 

23 

561 

57! 

561 

56} 

24 

56} 

57! 

56$ 

571 

25 

57 

57 

541 

551 

26 

54} 

55! 

54} 

54! 

28 

55 

56! 

55 

561 

29 

56! 

57} 

56! 

57 

30 

571 

57$ 

56$ 

56! 

31 

56! 

56} 

55! 

55! 

SEPTEMBER. 

1 

56 

56 

54! 

551 


21 

4 

5 

6 
7 
81 
9 

11 

12 

13 

14 

15 

16 
18 

19 

20 
21 ! 
22 
23 
25 
26! 
27 ;l 
28: 
29! 
30 


55 
531 
541 

56 
581| 
58! j 
591 
5811 
62 
63 
631 
68 
69 
781 
831 
781 
76f 
78 

85 
88 
88 

86 
831 
871 
93 


55 
54| 
561 
58.1 
5811 
60.11 
5911 
61f 
631 
65 ! 
671' 
70|| 
74f 
85 
831 
791 
78 
84f 
871 
881 
881 
881 
861 
90 
951 


53 f 
53| 

54! 

55! 

57! 

581! 59| 
57!i 57! 


53! 
54| 
55f 
58! 
57! 


581; 
591 
62|! 
631 
68 
681 
781 ! 
76f 
75| 
741 
771 
83 
85! 
86 
851 
80 
86 
911 


611 

63 

64 
671 
681 
74f 
82| 
771 
76f 
77! 
83 
871 
881 
861 
86 ! 
86 ! 
891 
95 


OCTOBER. 


2 

98 

99 

951 

96} 

3 

95 

95 

911 

92! 

4 

91 

97} 

91 

96$ 

5 

97 

97 

921 

921 

6 

91 

94! 

91 

921 

7 

93! 

931 

921 

931 

9 

93 

93 

90 

90 

10 

891 

94! 

87! 

92! 

11 

94 

951 

92! 

941 

,12 

94 

95! 

93$ 

95} 

















































































































70 Market Quotations for 1882 - 3 . 


D. 

0. 

H. 

L. 

c. 

D. 

■ o. 

H. 

L. 

I 1 

e. 

13 

961 

97 

951 

95f 

8 

115 

1171112 

112 

14 

95f 

95f 

921 

934 

9 

114 

115 

1101 

111 

16 

93 

944 

92 

92 

11 

not 

112 

1081 

109| 

17 

92 

93f 

91f 

93f 

94f 

12 

no 

jllOi 

108 

1081 

18 

941 

941 

qol 

13 

105 

105 

89f 

93 

19 

94 

941 

931 

931 

14 

95 

961 

911 

93 

20 

931 

941 

931 

93t 

15 

93 

961 

93 

954 

21 

931 

941 

931 

931 

16 

95 

951 

921 

931 

23 

931 

931 

92 

921 

18 

941 

951 

934 

954 

25 

91f 

921 

901 

911 

19 

961 

981 

844 

841 

26 

911 

92f 

91f 

92f 

20 

82 

83 

781 

81$ 

27 

92f 

95t 

92f 

951 

21 

84 

85f 

82 

85 f 

28 

954 

96f 

95t 

95| 

22 

84f 

84| 

81 

81 

30 

954 

961 

95f 

95 f 

23 

811 

824 

76 

78f 

31 

951 

961 

941 

94f 

26 

80 

80 

75 

751 

NOVEMBER. 

27 

29 

76 

791 

77f 

881 

751 

78$ 

76| 

861; 

i 

94f 

951 

941 

95t 

30 

88 

921 

871 

914 







2 

964 

97 

961 

96| 



1S83. 


3 

4 

971 

1071 

105f 

120 

971 

1071 

ion 

1191 


JANUARY. 


6125 

137 

121 

1251 

2 

93 

94 

86$ 

88| 

7 

123 

123 

118 

119 

3 

891 

891 

851 

851 

8 

117 

119f 

113 

114 

4 

851 

871 

831 

851 

9 

1131 

132 

1131 

1291 

5 

861 

87$ 

851 

861 

10 135 

135 

1231 

124f 

6 

86| 

901 

85 

881 

111127 

1281 

122f 

1261 

1251 

8 

88 

891 

83f 
88 f 

881 

13 

130 

1311 

125f 

9 

90J 

91 

894 

14 

1241 

1294 

123f 

127f 

10 

88| 

95 

861 

901 

15 

127 

129 

127 

128f 

11 

87 

90f 

85f 

891 

16 

128 

129 

125f 

128| 

12 

90 

90t 

89t 

90 

17 

125 

125 

1121 

115t 

13 

891 

901 

89 

90 

18 

113 

120 

113 

1184 

15 

901 

924 

901 

911 

20 

120 

122 

11S| 

117 

16 

91| 

924 

911 

911 

21 

1181 

1181 

1151 

1181 

17 

91f 

92 

oil 

91f 

22 

120 

120 

113 

1134 

18 

911 

9 If 

89| 

89f i 

23 

112 

1141 

97 

1041 

19 

891 

89f 

884 

89$ 

24 

104 

104 

851 

96 

20 

894 

904 

881 

89$ 

25 

98 

1001 

951 

1001 

22 

90 

94f 

90 

94 

27 

102 

109 

101 

109 

23 

95 

95 

921 

93f 

28 

110 

110 

104 

104 

24 

93J 

100 

931 

99| . 

29 

1041 

111 

103l| 

110| 

251 

1021 

105f 

101 

104 






26 

105 

105f 

102f 

103f 


DECEMBER. 


27 

101 

102f 

994 

lOOf 

1 

113 

1141 

1091 

not 

29 

loot 

lOOf 

971 

971 

2 

1101 

111 

1074 

1091 

30 

981 

101f 

971 

100 

4 

1101 

112 

108f 

108f 

31 

98J 

1031 

981 

1021 

5 

6 

109 

1051 

1091 

1091 

1014 

1034 

104| 

108| 

FEBRUARY. 

7 

1101 

115 

1081 

114| 

I|103j|103tll01f|101t 


ID. 

2 

3 

5 

6 


O. 


H. L. 


C. 


1021102f[l00f 
102111021101$ 


1021 

1011 


1011! 10211 loot 11011 
102 105 102 1041 
1051105111031103f 


8104 

103 

104 


9 

10 

12 

13 

14 
15 


1011 

98 

101lj 
981 


104 
104 
104 
102 
101 
1011 


103 :103f 
1031104 
101jil02j 


99| 

16 10111031 

r ioi" ioii 
10011001 
1001101f 
loot 1011 
10011001 
99 99 

97f 100 
27 100f 1021 
28101 ilOlf 


981 981 
96f lOOf 
981 j 98f 
9611 99t 
100 101f 
lOOflOOf 
99f lOOf 

1001 loot 
“loot 

99 
98 


loot 

981 

971 

97-f 

991 

98| 


99| 

loot 

981 


MARCH. 


98 1 


991 

9841 


2 

98 
97 
961 
96 
93 
92 
9| 88 
88f 
95 

13|10U 102f 
9911001 
98f 99f 


12 


97tl 

97 

96 

93f 

921 

90f 

931 

1004 


94 

94f 

941 

951 

94 


9811 981 
971 971 
95 i 961 
95$! 951 
93 931 

91f I 911 
881 
891 
88 $ 
1001 
991 


881 
86 
881 
95 
98t 
97f 98| 
9811 981 
98111011 
10011011 


98 

95f 

97f 

100 

971 

961‘ 


'~8 
102t 
106 
1031 
103 
971 
92f 
931 
94f 
941 
94t 
94 


106 

106 

108 

1021 

98 

95 

95 

951 

981 

94| 

95t 



















































































































IV IV IV *V IV I i r i I r ' I l CiJ JSJJ fvj [\Ti ICJ >—± H-* * <—■* >—* ‘ ►—* 

C^i&COtOMCPOO^OSCft^tSH L O gO 00 <t lO H OX^COi^WKOCCOO-lOS^WWHOCO^OSOi^COM 


71 


Market Quotations for 1883. 


APRIL. 


0. 

H. 

L. 

951 

961 

931 

94* 

951 

931 

951 

961 

941 

941 

941 

911 

911 

92| 

901 

911 

921 

911 

921 

92§ 

881 

891 

911 

89 

901 

961 

901 

971 

971 

951 

951 

961 

931 

941 

941 

931 

931 

951 

93 

96 

96 

931 

94 

951 

931 

941 

941 

931 

94 

941 

931 

941 

941 

941 

941 

941 

921 

931 

931 

92f 

931 

931 

90 

90 

901 

851 

851 

891 

85 

881 

881 

861 

871 

901 

871 


90 

931 

931 

93J 

92 
91f 
93f 

93 
95 
93 
93 
951 
98 

102 

lOlf 

1031 

103 

103 

104| 

103| 

1011 

1031 


MAY. 


1 93 

891 

951 

921 

931 

89 

1 941 

92 

92 

91* 

931 

911 

94j 

93 

941 

92f 

95* 

921 

931 

921 

95 

921 

971 

95 

103* 

96f 

1051 

lOOli 

1041 

1001 

1041 

1021 

1031 

102* 

104 

1021 

104| 

1031 

1031 

1001 

1031 

1001 

104* 

1021 


c. 


941 

95f 

94f 

92 

911 

911 

89 

90 
96f 
961 
94* 
93* 
95f 
94 
931 
931 
941 
941 
921 
931 
901 
86 
881 
861 
894 


92f 

93 

92§| 

921 

911| 

93 

93 

941 

93 

92|i 

941 

971 

102 

102 

1021 

10211 

1021 

104 

103| 

1001 

103f 

103| 


D. 

o. 

H. 

L. 

c. 

26 

1031 

106f 

1031 

1061 

28 

1081 

1091 

1071 

1081 

29 

1081 

H2f 

107* 

in* 

31 

110 

120 

no 

1194 

JUNE. 

1 

122 

124f 

117f 

1194 

2 

120 

1231 

118| 

1191 

4 

119| 

121f 

1131 

114* 

5 

115 

1161 

1091 

lllf 

6 

lllf 

H7i 

mi 

1174 

7 

120 

1211 

1151 

117 

8 

1161 

H7f 

115 

115f 

9 

1151 

1191 

1151 

119 

11 

1191 

1191 

116 

H6f 

12 

1161 

1171 

1151 

1161 

13 

116f 

118| 

H6| 

118 

14 

118f 

1201 

118 

118* 

15 

1191 

120 

1171 

1194 

16 

1181 

119| 

1171 

1194 

18 

1181 

1191 

1161 

1161 

19 

1161 

1171 

113 

11441 

20 

114 

1161 

113f 

11541 

21 

117 

1191 

H6| 

1181 

22 

119 

119 

1161 

117 

23 

1161 

116| 

1154 

1154 

25 

115f 

1161 

115f 

116 

26 

116 

1161 

1151 

1151 

127 

116 

116| 

H5f 

1151 

28 

116 

1181 

116 

H6| 

29 

1181 

119 

117| 

118 

30 

118* 

1181 

1164 

1164 

JULY. 

2 

1161 

116f 

115 

115 

3 

115* 

115* 

114* 

H4f 

5 

1141 

1141 

111* 

1124 

6 

113 

114f 

1101 

114f 

7 

115 

1151 

113* 

1144 

9 

1141 

115 

1131 

114| 

10 

1141 

1141 

113* 

113* 

11 

113 

113 

111 

111 

12 

liof 

1124 

1081 

1081 

13 

1081 

110 

1064 

108* 

14 

108 

1081 

103| 

1044 

16 

105* 

1051 

101 

103 

17 

1031 

103f 

1011 

1011 

18 

1001 

1011 

974 

101 

19 

1011 

1021 

99* 

101 

20 

lOlf 

107 

1011 

106 

21 

106 

106 

104 

104 


D. 

0. 

H. 

L. 

c. 

23 

1034 

1034 

1011 

1014 

24 

1011 

1031 

lOlf 

102| 

25 

1024 

1041 

1021 

104* 

26 

105 

108f 

105 

1081 

27 

1094 

112 

108* 

108t 

28 

1081 

109* 

1064 

1054 

1064 

30 

106 

108* 

107f 

31 1072 

1094 

1061 

1064 


AUGUST. 


1 

1064 

107f 

1051 

106| 

2 

1064 

1071 

106 

1064 

3 

107 

1084 

107 

108 

4 

1074 

109 

107* 

109 

6 

no 

1131 

no 

111| 

7 

112f 

112f 

109* 

not 

8 

1094 

not 

109* 

no 

9 

1104 

1104 

109| 

109| 

10 

1091 

111 

108| 

108f 

11 

109* 

1094 

108| 

1084 

13 

108f 

108| 

107* 

108* 

14 

1084 

1101 

108* 

1101 

15 

109 

lilt 

108* 

109* 

16 

109 

109t 

108* 

1094 

17 

no 

112 

1094 

109* 

18 

liof 

111 

109t 

no 

20 

1094 

not 

1094 

109t 

21 

110 

1101 

108* 

108* 

22 

108 

1091 

1074 

109* 

23 

1094 

1094 

1084 

1084 

24 

108* 

108| 

106f 

1064 

25 

1064 

107* 

106| 

107* 

27 

107f 

108 

106| 

106f 

28 

1064 

107 

105* 

1061 

29 

1061 

107* 

106| 

1071 

30 

1074 

1081 

1071 

107f 

31 

1084 

108f 

1974 

108f 


SEPTEMBER. 


1 

109 

1094 

108* 

1084 

3 

1081 

1081 

1071 

108 

4 

1074 

1074 

1064 

1071 

5 

1071 

108| 

1071 

1081 

6 

108t 

109 

1081 

108f 

7 

108f 

108f 

1074 

1074 

8 

1081 

108| 

108 

108f 

10 

1084 

112 

1084 

112 

11 

113 

116 

112* 

116 

12 

116 

1164 

1121 

112| 

13 

112| 

113 

1114 

lilt 

14 

1114 

1124 

nil 

1111 









































































































72 Market Quotations for 1883. 


D. 

0. 

H. 

L. 

c. 

D. 

H. 

L. 

0. 

c. 

D. 

0. 

H. 

L. 

c. 

15 

1111 

1151 

1111 

1141 

20 

110| 

1101 

1091 

no 

24 

118f 

118| 

1171 

1171 

17 

114i 

1151 

1131 

H4| 

22 

1101 

110$ 

109| 

109| 

26 

117f 

118$ 

117 

1181 

18 

1141 

H5| 

113| 

114f 

23 

109f 

1091 

109} 

109$ 

27 

118f 

119 

1171 

1171 

19 

114f 

115 

1141 

1141 

24 

109| 

1091 

108f 

109$ 

28 

1171 

117| 

115f 

H6f 

20 

114f 

1151 

1131 

115 

25 

109f 

110$ 

109f 

liof 

30 

1161 

117$ 

116f 

116f 

21 

22 

115 

1151 

ml 

116$ 

114f 

1131 

1151 

1141 

26 

27 

nil 

not 

1114 

111$ 

1101 

nol 

1101 

not 

DECEMBER. 

24 

114$ 

H4f 

1121 

1131 

29 

nol 

mi 

no 

no 

1 

net 

117 

116$ 

1161 

25 

113 

115| 

1121 

1151 

30 

1101 

not 

no 

no 

3 

116f 

117 

1161 

H6f 

26 

115| 

116f 

1151 

115f 

31 

109$ 

110} 

109f 

109$ 

4 

116| 

H6f 

115 

115f 

27 

28 

115| 

114f 

115f 

1151 

1144 

U4| 

114f 

115f 


NOVEMBER. 


5 

6 

115 

113| 

1151 

1141 

113| 

1131 

113| 

113f 

29 

116 

116-1 

1151 

1151 

1 

109$ 

1091 

109$ 

109$ 

7 

1141 

115$ 

1141 

H5f 


noTORcn 


2 

109| 

109| 

1081 

108$ 

8 

1161 

1171 

1161 

116| 


Ul 1 UDtn. 


3 

1081 

not 

1081 

liof 

10 

1161 

116f 

1151 

115f 

1 

115$ 

115f 

1141 

114f 

5 

1101 

1101 

109$ 

109$ 

11 

116 

1161 

114 

114 

2 

114f 

1151 

1131 

1131 

6 

1091 

109| 

1091 

1091 

12 

H4f 

1151 

113f 

114f 

3 

114 

1141 

113f 

113f 

7 

1091 

1101 

1091 

1091 

13 

115 

1151 

113f 

1131 

4 

1131 

114 

112| 

1131 

8 

110$ 

liof 

no 

no 

14 

1141 

114t 

113$ 

1141 

5 

113| 

113f 

112f 

1121 

9 

no 

112$ 

1091 

112$ 

15 

114$ 

114$ 

113| 

1131 

6 

113 

113| 

113 

1131 

10 

1121 

114 

H2f 

113t 

17 

114 

114f 

113f 

1131 

8 

,1121 

1121 

lllf 

lllf 

12 

114 

116 

114 

H4f 

18 

1141 

H4f 

113 

113 

9 

llll 

1121 

110f 

112$ 

13 

1151 

1151 

1141 

115$ 

19 

112f 

H3f 

H2f 

1131 

10 

1121 

113 

1091 

109f 

14 

116 

1181 

115| 

117$ 

20 

1131 

113f 

1121 

113 

11 

1091 

109| 

1071 

1091 

15 

1181 

119} 

1171 

119 

21 

113 

1131 

112$ 

113 

12 

1091 

iio| 

1081 

110f 

16 

119 

119 

117 

117$ 

22 

1131 

1141 

113$ 

114f 

13 

llOf 

lllf 

1091 

1091 

17 

1171 

117f 

116$ 

117 

26 

H4f 

H4f 

113 

113$ 

15 

1101 

1111 

1101 

nol 

19 

117 

117 

115| 

116 

27 

1131 

H3f 

113$ 

1131 

16 

lllf 

112 

110 

1101 

20 

116 

118$ 

116 

118$ 

28 

1131 

114 

113 

1131 

17 

110| 

110| 

109$ 

1091 

21 

1181 

119 

1171 

1171 

29 

113$ 

1141 

1131 

113| 

18 

110 

111 

110 

110f 

22 

1171 

120 

1171 

119f 

30 

114 

114 

1131 

1131 

19 

110| 

1111 

1091 

109$ 

23 

1191 

1191 

118 

118f 







Highest and Lowest Prices of United Certificates for the Years Named. 


Year. Date. 

1875 .Feb. 8, 

1876 .Dec. 12, 

1877 .Jan. 15, 

1878 .Feb. 4, 

1879 .Dec. 2, 

1880 .Jan. 22, 

1881 .Sept. 21, 

1782.Nov. 6, 

1883.June 1, 


Highest. 

Date , 


Lowest. 

$1,821 

July 

16, 

$0.70 

4.23| 

Jan. 

3, 

1.471 

3.711 

Dec. 

31, 

1.571 

1.871 

Sept. 

27, 

0.781 

1.281 

June 

16, 

0.631 

1.24f 

April 

21, 

0.711 

1.001 

July 

19, 

0.711 

1.37 

July 

6, 

0.49-1 

1.241 

Jan. 

4, 

0.831 

































































































Refined Quotations for 1872 to 1877 


73 


Highest and Lowest Quotations for Refined,Each Month in the Years Named, 
at New York, in Cents; London, in Pence; and Antwerp, in Francs. 


January 
Febru’ry 
March... 
April .... 

May. 

June. 

July. 

August.. 

Sept. 

October.. 

Nov. 

Dec. 


January 
Febru’ry 
March... 
April.... 

May. 

June. 

July. 

August.. 

Sept. 

October. 

Nov. 

Dec. 


January 
Febru’rv 
March.... 
April.... 

May. 

June. 

July. 

August.. 

Sept. 

October.. 

Nov. 

Dec. 


1872. 

New York. 

London. 

Antwerp. 

H. 

L. 

H. 

L. 

H. 

L. 

231 

221 

23 
22| 
241 

24 
22f 
221 
241 
27 
271 
271 

23 
211 
221 
21f 
221 
221 
22 
22 
23! 
25 
26f 
25! 



































23! 
231 
27! 

221 
261 
261 







1873. 

271 

20 2 
20 
211 

201 

19f 

184 

171 

171 

17 

16 

14 

20 

191 

18f 

19! 

19! 

18 

17f 

16 

161 

16 

12f 

12! 















40! 

40! 



















13f 

14 

13 

13f 
121 
12| 



37 

33 

32 

301 

1874. 

141 

16 

15! 

16 

151 

13! 

12f 

321 

12f 

12! 

1H 

114 

131 

14 

11 

15! 

13 

12! 

Ilf 

111 

ii! 

10| 

101 

lot 

13 

13! 

m 

12 

12 

HI 

101 

101 

10 

io! 

91 

9| 

HI 

12 

111 

11 

111 

101 

8| 

8! 

81 

9 

7f 

81 

32 

331 

32| 

31! 

34 

29 

27 

26f 

26! 

26| 

25 

29! 

29 
31! 
31 
321 

30 
26! 
25 
251 
25! 
24! 
23 
25 


1875 . 


New York. 

London. 

Antwerp. 

H. 

L. 

H. 

L. 

H. 

L. 

12! 

12 

10 i 

9 

27! 

25 

15 

121 

11 

9! 

30! 

27 

15f 

14f 

ii! 

101 

32 

291 

14! 

121 

ill 

91 

30!l 

26! 

14 

12 

10 

81 

28! 

251 

131 

HI 

9! 

71 

28 

25 

m 

101 

9 

8 

25 

23f 

31! 

101 

91 

9 

26! 

231 

141 

111 

101 

9! 

281 

261 

141 

12f 

101 

91 

29 

26! 

13| 

12f 

11 

10 

281 

27! 

131 

12f 

13 

11 

291 

27! 

1876 . 

14f 

13! 

124 

101 

34 

29t 

14f 

13 

io! 

91 

341 

28! 

15 

14 

ii! 

10 

31! 

29 

15 

134 

Hi 

101 

311 

27 

14f 

13f 

ii! 

101 

28! 

26! 

16 

14f 

ill 

81 

31 

27f 

18 

151 

13! 

ii! 

36 

314 

27! 

171 

18 

121 

50 

35 

27 

24 

20 

17! 

53 

45! 

261 

26 

191 

17 

51 

46! 

26f 

26 

20 

18 

61! 

481 

35 

26f 

30 

191 

88 

55 

1877 . 

28 

261 

191 

16! 

56! 

471 

261 

14! 

161 

HI 

50! 

32! 

171 

14! 

14 

11! 

37 

321 

17 

14! 

12 ! 

Ill 

35! 

33 

15 

14 

Ill 

101 

32! 

29! 

14| 

12! 

111 

10 

31 

26! 

14! 

13 

11 

lot 

33 

271 

14! 

131 

101 

10 

341 

29 

16 

13| 

12 

101 

36 

321 

15! 

131 

12! 

121 

37f 

34i 

131 

121 

Ill 

101 

32 

29 

X3| 

12f 

124 

10i 

331 

30 

















































































































































74 Refined Quotations for 1878 to 1883 , 



1878 . 

1881 . 


New York. 

London. 

Antwerp. 

New York. 

London. 

Antwerp. 


H. 

L. 

H. 

L. 

H. 

L. 

H. 

L. 

H. 

L. 

H. 

L. 

January 

12* 

llfl 

10f 


301 

27 

9ft 

81 

14! 

9P 

251 

231 

February 

m 

Hi 

10 

91 

281 

26! 

9ft 

9 

12 

71 

23! 

221 

March ... 

121 

Hi 


91 

281 

271 

9ft 

7! 

8 

6ft 

23 

19 

April. 

Hi 

11 

91 

9ft 

271 

261 

8 

7ft 

61 

°8 

6ft 

21 

191 

May. 

Ilf 

HI 

10 

91 

27 

251 

8 

7ft 

7 

61 

201 

19 

June. 

n! 

11 

91 

91 

261 

251 

8* 

8 

71 

61 

19ft 

19 

July . 

11 

10! 

91 

8ft 

27 

25 

8 

71 

7ft 

6ft 

19! 

181 

August.. 

11 

101 

9ft 

8ft 

271 

251 

7! 

7! 

7 

6 ft 

191 

18ft 

Sept. 

101 

9i 

8f 

71 

26 

23 

81 

7! 

71 

61 

22 

19! 

October.. 

9ft 

91 

91 

8 

7ft 

241 

211 

7! 

7ft 

6! 

6ft 

201 

19 

Nov. 

9 

8i 

71 

241 

211 

7ft 

71 

6! 

6 

19 

17* 

Dec. 

91 

81 

101 

81 

221 

211 

71 

6! 

6ft 

51 

18! 

17! 

• 

1 879 . 

1882 . 

January 

9| 

81 

10ft 

8ft 

231 

211 

71 

6! 

6ft 

5! 

18* 

17* 

Febru’ry 

9ft 

91 

81 

71 

24 

22! 

7ft 

71 

6ft 

6ft 

181 

18* 

March ... 

9ft 

9 

71 

71 

231 

22 

71 

7ft 

61 

5ft 

181 

171 

April .... 

91 

8ft 

8! 

7ft 

231 

211 

7! 

71 

5! 

5! 

17! 

174 

May. 

8| 

81 

8 

7 

22 

20 

7! 

71 

5! 

5! 

18! 

17 

June. 

8! 

6ft 

7 

61 

21 

17* 

7ft 

71 

51 

5ft 

5ft 

171 

17! 

July . 

71 

61 

6ft 

61 

17f 

16! 

73 

* 8 

6! 

51 

17* 

17 

August .. 

61 

6 

61 

6 

171 

16! 

7! 

6! 

5! 

51 

17| 

17* 

Sept. 

71 

61 

7 

61 

19ft 

17 

81 

61 

61 

6i 

5ft 

19 

17! 

October.. 

7f 

71 

71 

ty 

l 

19! 

18! 

81 

7! 

6! 

19f 

18-1 

Nov. 

81 

71 

81 

71 

71 

6ft 

6f 

23 

19 

9 

7! 


Dec. 

91 

24 

201 

8! 

71 











1 

1 880 . 

1 883 . 

January 
Febru’ry 
March ... 

81 

8 

7ft 

71 

6ft 

61 

61 

5f 

201 

181 

19 

171 

18 

8 

71 

7! 





6 

8 

81 





71 

71 

,-ra 

°4 

18*| 

7ft 

61 

. 

6ft 

19f 

181 

April. 

71 

7ft 

61 

61 

81 

81 

6 

191 

181 

221 

231 

17ft 

17! 

181 

21! 

8ft 

8 

g 

May. 

7ft 

101 

71 

7ft 

7! 

7ft 





June. 

71 

6ft 

8* 

7 i 





July. 

101 

9 

7ft 

61 

6ft 

181 

17| 

August.. 

9 ft 

8ft 

81 

7ft 

231 

22 

7* 

7* 

6ft 

6ft 

191 181 

Sept. 

Hi 

9ft 

10 

8 

281 

23! 

8! 

7! 

71 

6ft 

20! 191 

October.. 

121 

HI 

10 

91 

281 

26^ 

8! 

1 8ft 

71 

6f 

6§ 

201 191 

Nov. 

12 

9 

9! 

81 

28* 

231 

8 ft 

9 

i ^ 

211 20 

Dec. 

10 

9 

lift 

8 

25* 

24 

1 9ft 

9 



. 











































































































































Field Developments for 1875 


75 


Field Developments, 186S to 1883. 


Previous to the year 1875 no accurate record of field developments 
was regularly kept. Occasional elforts were made to give the trade 
such figures, but they were not maintained. In 1870, 1871 and 1872 
the Petroleum Producers’ Association gave accurate reports, hut these 
were soon discontinued, so that we have no connected record of com¬ 
plete field developments until May, 1875, when the Derrick began 
issuing its regular monthly report. 


In 1868 there were 217 wells drilling in April, and 435 in October, 
these being the largest and smallest figures for that year. In 1869 
the extremes were 292 in March, and 378 in December; in 1870 De¬ 
cember 167, April 449; in 1871, September 439, January 173; in 1872, 
January 184, November 511. 

In May, 1875, the month in which the ninety days’ suspension of 
drilling ceased, owing to overproduction, the price of oil was linger¬ 
ing between one and two dollars, and the outlook was very gloomy. 
Butler and Clarion Counties were the great fields, while all along the 
creek between Oil City and Titusville, and up and down the river, 
operations were active. The Bradford field was unheard of, and 

Allegany was as remote from oildom as Canada. The termination of 

<> 

the suspension of drilling caused an increase in operations in May, 
and the increase steadily continued until the end of the year, 
although it was a slight one. The operations for that year were as 
follows: 


1875. 

% 



Rigs. 

Dr'g. 

Total. 

Com. 

Prod'n. 

Dry. 

Atfage 
per well , 
l)bls. 

May. 

. 51 

148 

199 

40 

837 

13 

20.9 

June. 

. 43 

165 

208 

47 

2,163 

4 

46 

July. 

. 48 

114 

162 

98 

2,573 

11 

26.2 

August. 

. 47 

103 

150 

66 

1,444 

6 

22 

September. 

. 68 

123 

191 

53 

1,110 

11 

21.9 

October. 

. 84 

170 

254 

72 

1,172 

17 

16.2 

November. 

.'....118 

180 

298 

87 

1,274 

28 

15 

December. 

. 86 

168 

254 

81 

1,470 

12 

18 

Total. 




544 

12,043 

102 

22.1 




















76 


Field Developments eor 1876 to 1878 


1S76. 


Adage 
per well, 



Rigs. 

Ddg. 

Total. 

Com. 

ProTn. 

Dry. 

Ibis. 

January. 

.127 

142 

269 

110 

1,575 

12 

14.3 

February. 

.197 

151 

348 

87 

1,446 

9 

19.} 

March. 

.200 

234 

434 

97 

1,635 

11 

16| 

April. 

.225 

265 

490 

129 

1,455 

29 

11.3 

May. 

.255 

308 

563 

169 

1,993 

21 

12 

June.. 

.248 

339 

587 

198 

2,761 

29 

15} 

July. 

.283 

349 

632 

196 

2,783 

29 

14 

August. 

.383 

361 

744 

268 

3,366 

40 

13 

September. 

.380 

508 

888 

209 

2,307 

27 

13 f 

October. 

.363 

567 

930 

272 

2,706 

41 

10 

November. 

.288 

622 

910 

277 

2,915 

38 

10} 

December. 

.272 

496 

768 

307 

2,360 

43 

n 

Total. 




2,319 

27,302 

329 

11.3 


1877 . 

In 1876 the largest month’s new production was 3,366 barrels, in 
August; but in 1877 the new production went up to 7,275 barrels in 
June, and in the latter year the average of operations was nearly 
double that of 1876, as will be seen by the following table : 

Adage 
per well , 



Rigs. 

Ddg. 

Total. 

Com. 

ProTn. 

Dry. 

bbls. 

January. 

.280 

455 

740 

279 

2,688 

50 

8} 

February. 

.332 

458 

890 

244 

2,259 

51 

9 1-5 

March. 

.361 

391 

752 

292 

3,345 

52 

Ilf 

April. 

.339 

434 

773 

279 

3,511 

38 

12 4-7 

May. 

.275 

502 

777 

314 

4,804 

60 

15J 

June.. 

.271 

393 

664 

406 

7,275 

63 

18 

July. 

.268 

349 

617 

335 

5,442 

59 

16} 

August. 

.331 

406 

737 

253 

4,677 

45 

18} 

September. 

.421 

525 

946 

327 

5,132 

62 

15^ 

October. 

.381 

566 

947 

461 

6,021 

68 

13 

November. 

.367 

555 

922 

483 

4,484 

55 

Hf 

December. 

.323 

423 

746 

383 

4,718 

54 

12} 

Total. 




4,056 

54,366 

657 

13.4 


The effects of the McKean County field now began to be felt. 
The number of producers was rapidly growing larger and operations 
were multiplying. During 1877 there were 3,954 wells completed, 
this being 1,635 more than in 1876. 

1S78. 

In this year operations were almost entirely suspended in the 
lower oil field, and the work was confined to the minor dis- 












































Field Developments for 1878 to 1879 . 


77 


tricts of McKean County. In no month of 1878 did the new produc¬ 
tion equal the highest month of 1877. This was because the richest 
portion of the McKean field was undiscovered, and operations were 
confined to Tuna Valley, Kendall Creek, Knapp’s Creek and Foster 
Brook. There were also nearly a thousand fewer wells completed 
than in 1877, Operators were still loth to believe in McKean, and 
were only waiting for it to be defined before starting the drill in the 
white sand districts. An effort was also made to suspend drilling, 
which, however, was a failure. The following table shows the 
operations for the year : 

Av’age 
per well , 



Bigs. 

Dr’g. 

Total. 

Corn. 

Prod’n. 

Dry. 

bbls. 

January. 

.262 

331 

593 

276 

2,981 

46 

10.8 

February . 

.314 

323 

637 

220 

2,781 

36 

12f 

March. 

.364 

372 

736 

212 

2,820 

39 

13.3 

April. 

.377 

405 

782 

319 

4,508 

34 

14 

May. 

.305 

370 

675 

472 

6,850 

41 

14.5 

June. 

.240 

262 

502 

272 

3,773 

23 

13.8 

July. 

.238 

185 

423 

204 

2,884 

26 

14.2 

August. 

.242 

183 

425 

188 

2,632 

10 

14 

September. 

.223 

182 

405 

173 

2,294 

24 

12.5 

October. 

.263 

222 

485 

229 

2,789 

23 

12 

November. 

.308 

202 

510 

265 

3,394 

19 

13 

December. 

.245 

241 

486 

158 

2,729 

12 

17 

Total. 




2,988 

40,535 

373 

13.5 


18*79. 

In this year the new production was swollen to a larger figure 
than in any previous year, the amount reaching over 9,000 barrels in 
the month of May. Fewer wells were completed in this year than in 
1878, and operations were not so large. McKean County was the 
principal field of work. 

Av’age 
per well , 



Rigs. 

Dr’g. 

Total. 

Com. 

Prod’n. 

Dry. 

bbls. 

January. 

.354 

267 

621 

139 

2,193 

16 

15.9 

February. 

.381 

320 

701 

121 

2,640 

5 

21.8 

March. 

.453 

404 

857 

238 

5.021 

19 

21 

April. 

.408 

455 

863 

268 

6,053 

13 

22.6 

May. 

.377 

435 

812 

390 

9,002 

17 

23 

June. 

.363 

381 

744 

327 

8,205 

10 

25 

July. 

.283 

297 

580 

287 

7,489 

11 

26 

August. 

..287 

217 

504 

240 

6,491 

6 

27 

September. 

.265 

257 

522 

174 

4,814 

8 

28 

October. 

.346 

297 

603 

207 

5,117 

13 

24.7 

November. 


346 

712 

178 

4,322 

13 

24 

December. 

.391 

348 

739 

229 

5,900 

10 

26 

Total. 




2,798 

67,247 

141 

24 









































78 


Field Developments for 1880 to 1881 . 


1880 . 


This was the banner year for field work. Operations were swollen 
beyond all precedent. The average number of rigs up and wells 
drilling was over 926 each month, and for three months was over 
1,000. The new production was also as high as 11,814 in May, and the 
lowest figure was more than 6,000 barrels. Larger wells were found 
on the Bingham lands, and richer districts were opened in Bradford. 

Av 1 age 
per well , 



Rigs. 

Dr'g. 

Total. 

Com. 

ProTn. 

Dry. 

bbls. 

January. 

.445 

450 

895 

242 

6,228 

12 

25.7 

February. 

.582 

481 

1,063 

279 

7,779 

6 

28 

March. 

.567 

587 

1,054 

366 

8,452 

10 

23 

April. 

.487 

540 

1,027 

451 

10,782 

17 

23.8 

May. 

.399 

444 

843 

441 

11,814 

12 

26.7 

June. 

.420 

417 

837 

331 

9,258 

9 

28 

July. 

.450 

461 

911 

337 

8,004 

15 

23.7 

August. 

.453 

509 

962 

357 

8,829 

17 

24.7 

September. 

.502 

489 

991 

390 

9,720 

13 

25 

October. 

.494 

492 

986 

378 

9,009 

13 

23.8 

November.. 

.444 

481 

925 

329 

8,304 

9 

25.2 

December. 

.414 

409 

823 

302 

6,897 

11 

22.8 

Total. 




4,203 

105,075 

143 

25 


1881 . 


In this year operations maintained a large average, in no month 
being below 700, and the highest was 1,019 in October. The average 
of the new production was less than in the previous year, but being 
in lasting territory steadily added to the aggregate output. Alle¬ 
gany field was added to the list of producing districts, and the Shef¬ 
field pool was opened. 

AC age 
per well , 



Rigs. 

Dr' 1 g. 

Total. 

Com. 

ProTn. 

Dry. 

bbls. 

January. 

....454 

380 

834 

220 

5,503 

4 

25 

February. 

.466 

388 

854 

199 

4,877 

7 

23.1 

March.. 

.508 

442 

950 

274 

6,281 

7 

23 

April. 

....465 

472 

937 

325 

7,259 

13 

22.3 

May. 

.448 

469 

917 

406 

8,447 

6 

20.8 

.Tune. 

....397 

409 

806 

364 

7,083 

16 

19.4 

July. 

.379 

391 

770 

340 

5,490 

15 

16 

August. 

.371 

368 

739 

333 

5,720 

34 

17 

September. 

....423 

407 

830 

302 

4,975 

17 

16.4 

October. 

....510 

509 

1,019 

312 

5,917 

11 

19 

November. 

....509 

475 

984 

365 

7,127 

22 

19.3 

December. 

....442 

476 

918 

408 

8,760 

15 

21.4 


3,848 77,439 167 20.1 


Total 














































Field Developments for 1882 to 1883 . 


79 


1882 . 

In 1882, Cherry Grove was the only district to swell the opera¬ 
tions or production, and what was gained by that was lost as sud- 
denly. During the summer months work was almost suspended in 
Bradford, Allegany and the lower districts. 


Av’age 
per well, 



Rigs. 

Dr q. 

Total. 

Com. 

Prod?n. 

Dry. 

bbls. 

January. 

. 421 

432 

853 

336 

6,680 

10 

19.8 

February. 

. 388 

437 

825 

342 

6,415 

15 

18.7 

March. 

. 433 

421 

854 

384 

8,593 

9,878 

9 

22.3 

April.. 

. 444 

418 

862 

437 

16 

21.4 

May. 

. 409 

365 

774 

439 

9,110 

12 

20.7 

June. 

. 399 

226 

625 

330 

12,951 

24 

39.2 

July. 

. 365 

240 

605 

185 

20,743 

10 

112. 

August.. 

. 289 

199 

488 

250 

29,044 

26 

116. 

September. 

. 174 

124 

298 

171 

4,553 

13 

26.6 

October. 

. 118 

164 

282 

117 

1,852 

12 

15.8 

November. 

. 137 

147 

284 

149 

1,786 

20 

12. 

December . 

. 123 

139 

262 

123 

2,550 

11 

20.7 

Total. 




3,263 

114,155 

178 

35 


1883. 


In 1883, work was scattered about among all the old fields from 
Butler to Wellsville. The Cooper and Balltown districts furnished 
a large part of the production from a small number of operations, but 
the bulk of the work was in the old pools. 



Rigs. 

Dr q. 

Total. 

Com. 

Prodin. 

Dry. 

Av’ age 
per well , 
bbls. 

January. 

. 149 

139 

288 

125 

2,789 

15 

22.3 

February. 

. 153 

150 

303 

131 

1,994 

24 

15.3 

March. 

. 205 

211 

416 

146 

4,113 

17 

28. 

April. 

. 212 

206 

418 

215 

4,581 

29 

26. 

May. 

. 176 

197 

373 

285 

3,676 

22 

13. 

June. 

. 145 

230 

375 

231 

3,405 

21 

14.7 

July....'. 

. 232 

262 

494 

260 

3,837 

21 

15. 

August. 

. 211 

315 

526 

309 

4,267 

26 

15.5 

September. 

. 202 

328 

530 

325 

4,700 

19 

14. 

October. 

. 247 

341 

588 

321 

4,571 

22 

14.3 

November. 

.. 182 

321 

503 

329 

4,197 

22 

12.6 

December. 

. 186 

295 

481 

272 

3,208 

25 

11.7 

Total. 




2,949 

45,338 

263 

15.4 






































80 Field Developments by Districts, 1875-77 


Field Developments by Districts, 1875 to 1884. 


In the following tables are given the wells completed and the new 
production of the important districts for the years named: 


1875. 




BUTLER. 


CLARION. 

BRADFORD. 



f 

Comp. 

\ 

Prod. 

r 

Comp. 

Prod. 

r 

Comp. 

Prod. 

May. 


_ 32 

663 


8 

134 


• • • 

June. 


. 33 

1,979 


14 

184 


• • • 

July. 


. 52 

2,060 


36 

472 


. • • 

August. 


. 35 

1,015 


20 

376 


• • • 

September.. 


. 31 

654 


15 

272 


• • • 

October . 


. 38 

1,471 


20 

199 


• • • 

November... 


. 25 

264 


31 

335 

5 

44 

December... 


. 25 

728 


37 

584 

2 

25 

Total . 


. 271 

8,834 


181 

2,556 

7 

69 




1876. 








BUTLER. 


CLARION. 

BRADFORD. 



f A 

Comp. Prod. 

r 

Comp. 

Prod. 

f - 

Comp. 

Prod. 

January . 


. 37 

576 


47 

662 

11 

155 

February.... 


. 30 

712 


32 

419 

13 

252 

March . 


. 37 

668 


28 

361 

14 

508 

April. 


. 46 

581 


38 

479 

18 

286 

May . 


. 56 

828 


57 

682 

26 

392 

June. 


. 70 

1,053 


58 

977 

36 

544 

July . 


. 76 

995 


60 

966 

34 

507 

August . 


. 72 

743 


77 

1,318 

50 

652 

September . 


. 75 

893 


64 

795 

31 

412 

October. 


. 91 

900 


96 

1.056 

55 

550 

November.. 


. 77 

825 


113 

1,140 

46 

450 

December.. 


. 81 

628 


134 

1,160 

42 

390 

Total . 


. 748 

9,402 


804 10,015 

376 

5,098 




1877. 







BUTLER. 

CLARION. 

BRADFORD. BULLION. 



A__. __ 

x 











f 

•N 

( - 

■> 


Comp. 

Prod. Comp. Prod. 

Comp. Prod. Comp. 

Prod. 

January. 

.. 70 

568 111 830 

57 

490 



February.... 

... 68 

620 

90 640 

43 

549 



March. 

... 80 

700 101 1,014 

61 

631 



April. 

... 72 

840 

94 1,074 

43 

510 



May . 

... 74 

594 

98 886 

59 

514 

30 

2,246 

June. 

... 81 

715 128 1,310 

57 

515 

77 

4,175 


































































Field Developments by Districts, 1877-79 


81 


BUTLER. CLARION. BRADFORD. BULLION. 


/ 



t 

Comp. 

Prod. 

Comp. 

i 

\ 

Prod. 

/ -*-N 

Comp. Prod. 

/ 

Comp. Prod. 

July. 

... 67 

820 

95 

1,155 

45 

516 

71 

2,698 

August. 


655 

81 

1,147 

39 

506 

44 

2,154 

September.. 

... 53 

1,557 

99 

1,652 

83 

1,658 

20 

298 

October. 

... 90 

961 

114 

1,635 

158 

2,001 

28 

883 

November... 

... 85 

1,059 

124 

1,558 

114 

1,368 

12 

162 

December..., 

... 86 

787 

93 

1,043 

143 

2,502 

4 

33 

Total. 

... 871 

9,876 

1,228 

13,944 

902 

11,760 

286 

12,649 




1STS. 








BUTLER. 

CLARION. 

BRADFORD. 







A 

X 




f 

■v 

f 

V 

r 





Comp. 

Prod. 

Comp. 

Prod, < 

Comp. 

Prod. 

January .... 



... 67 

485 

62 

798 

107 

1,537 

February.... 



... 41 

422 

49 

646 

96 

1,508 

March . 



... 23 

386 

45 

530 

110 

1,758 

April . 



.. 25 

316 

31 

429 

220 

3,507 

May . 



.. 31 

272 

49 

682 

346 

5,650 

June . 



... 17 

225 

21 

198 

205 

3,264 

July . 



.. 19 

260 

14 

132 

151 

2,437 

August . 



... 13 

179 

8 

71 

142 

2,303 

September .. 

' 


.. 14 

187 

13 

111 

125 

1,938 

October . 



.. 16 

146 

8 

48 

186 

2,572 

November ... 



... 17 

175 

16 

161 

211 

2,724 

December. ... 



... 14 

154 

9 

74 

127 

2,575 

Total .... 



... 297 

3,207 

325 

3,880 2 

,026 

31,773 




1879. 












BYROM 


BUTLER. 

CLARION. 

BRADFORD. 

CENTRE. 






A 


JL 


r 


r 

a 

r 





Comp. 

Prod. 

Comp. 

Prod. 

Comp. 

Prod. 

Comp. 

Prod. 

January . 

9 

75 

, 8 

94 

117 

2,017 

5 

23 

February. 

.. 3 

55 

6 

36 

107 

2,525 

5 

24 

March. 

... 8 

117 

13 

117 

202 

4,825 

7 

39 

April. 

... 11 

147 

6 

42 

233 

5,805 

7 

36 

May. 

.. 6 

53 

15 

189 

355 

8,559 

6 

103 

June. 

.. 7 

70 

6 

55 

308 

7,902 

6 

178 

July. 

... 5 

32 

4 

40 

269 

7,291 

9 

126 

August. 


50 

6 

33 

206 

5,939 

24 

479 

September... 

... 3 

30 

3 

34 

160 

4,639 

11 

141 

October. 

.. 2 

dry 

8 

47 

167 

4,837 

19 

167 

November. .. 

... 2 

rlrv 

3 

dry 

148 

4,065 

16 

229 

December.... 

.. 2 

15 

4 

33 

188 

5,657 

25 

186 

Total. 

.. 63 

644 

82 

720 

2,460 

64,061 

140 

1,731 











































































82 Field Developments by Districts, 1880-82. 


1880 . 


BYEOM CLARION <fc 

BRADFORD. CENTRE. BUTLER. CLARENDON. 


Comp. Prod. Comp. Prod. Comp. Prod. Comp. Prod. 


January. 

... 216 

5,999 

14 

129 

11 

100 



February.... 

... 256 

7,542 

13 

147 

9 

90 



March. 

.... 335 

8,185 

15 

104 

10 

125 



April. 

... 418 

10,531 

15 

125 

14 

96 



May. 

... 409 

11,554 

11 

105 

11 

89 



June. 

... 302 

8,948 

10 

156 

11 

75 



J uly. 

.... 311 

7,839 

6 

dry 

10 

60 



August. 

... 325 

8,587 

11 

64 

12 

71 



September... 

... 338 

9,411 

14 

68 

7 

39 



October. 

... 334 

8,655 

12 

91 

8 

52 

7 

120 

November... 

.... 294 

8,053 

10 

68 

7 

34 

10 

115 

December.... 

... 265 

6,607 

5 

26 

10 

41 

10 

167 

Total. 

...3,803 

101,911 

136 

1,083 

120 

872 

27 

402 


1881 . 


BRADFORD. ALLEGANY. WARREN. 





Comp. 

Prod. Comp. 

Prod. 

Comp. Prod. 

January . 



. 204 

5,357 



5 

74 










February.... 



.. 170 

4,550 

4 

10 

11 

230 

March. 



. 248 

6,024 



14 

178 

April. 



.. 292 

6,980 

6 

65 

14 

172 

May. 



. 352 

7,954 

5 

53 

30 

330 

June . 



.. 317 

6,626 

13 

151 

24 

242 

July. 



. 276 

4,823 

23 

289 

21 

250 

August . 



. 250 

4,842 

46 

612 

24 

217 

September . 



. 199 

3,641 

61 

969 

28 

305 

October . 



.. 192 

3,390 

89 

2,103 

19 

296 

November... 



. 174 

2,718 

147 

3,955 

29 

392 

December... 



.. 173 

2,950 

169 

5,165 

41 

511 

Total . 



.2,847 

61,855 

563 

13,372 

260 

3,197 




1882 . 










CHERRY 




BRADF'ORI). 

ALLEGANY. 

A . 

GROVE. 

A 

COOPER. 


Comp. 

Prod. 

Comp. Prod. 

Comp. 

Prod. 

f 

Comp. 

A 

Prod. 

January . 

....137 

2,137 

160 

4,161 





February ... 

. 116 

1,763 

180 

4,237 





March. 

....117 

1*772 

216 

6,256 





April. 

. 121 

1*761 

259 

7,021 





Mav... 

....132 

2,017 

252 

6'400 





June . 

.101 

1,580 

165 

3,720 

6 

7,150 

• • • 


July. 

. 30 

524 

83 

1,699 

56 

18,750 

• • • 






































































































Field Developments by Districts, 1882-83. 83 



Comp. Prod. Comp. Prod. Cymp. Prod. Comp. F\'od. 


August. 12 171 60 1,410 171 27,165 . 

September. 14 335 29 515 108 3,296 1 40 

October. 18 319 46 688 39 515 1 60 

November. 26 386 75 1,016 28 286 1 300 

December. 35 516 65 789 8 88 3 930 


Total.859 13,281 1,590 37,932 416 57,250 6 1,330 




BRADFORD. ALLEGANY. COOPER. BALLTO’N. 


Comp. 


January. 30 

February. 34 

March . 41 

April. 52 

May. 42 

June. 62 

July. 68 

August. 97 

September. 87 

October. 87 

November. 88 

December. 84 


Prod. Comp. Prod. 
390 61 741 

579 67 832 

952 72 967 

578 94 1,157 

616 113 1,317 

797 104 1,026 

888 115 1,477 

1,052 121 1,251 

806 151 1,384 

852 149 1,485 

938 128 1,288 

887 112 961 


Comp. Prod. Comp. Prod. 


9 

1,374 

... 


4 

145 

3 

85 

12 

1,470 

3 

600 

22 

1,850 

6 

465 

21 

1,079 

10 

480 

15 

423 

5 

715 

15 

332 

4 

680 

15 

618 

10 

1,010 

14 

435 

14 

1,497 

i*y 

7 

657 

10 

760 

14 

410 

7 

645 

10 

533 

3 

330 


Total..,.772 9,335 1,287 13,886 158 9,326 75 7,267 


Shipments ol Ci iule Osl and i'nide Equivalent in 


Barrels of 42 Gallons Eacli, from the Oil 


Region for fhe Years Yarned. 



1859. 

1860. 

1861. 

1862. 

1863. 

.Tnnnarv. 


900 

54,800 

98,212 

171,132 

Pphrnarv .. 


1,200 

49,620 

93,101 

104,928 

M urr-h 


2,500 

68,410 

103,762 

148,388 

\pfil . 


4,640 

95,300 

201,430 

288,994 

Mav . 


11,000 

184,000 

256,320 

385,211 

456,211 

Jimp . 


21,000 

189,000 

428,282 

July 


58,500 

200,400 

375,440 

376,311 

213,413 

" . 

A n cm st . 


64,300 

210,000 

281,400 

398,211 

264,441 

September. 

Opf/VhpT . 


79,000 

78,400 

263,000 

184,000 

401,210 

406,500 

November. 

500 

63,400 

76,321 

213,611 

281,340 

December. 

1,200 

38,400 

75,282 

190,463 

206,211 

Totals. 

1,700 

423,240 

1,650,133 

3,101,571 

3,242,951 
































































































84 


Shipments of Crude Petroleum, 1864-78 



1864. 

1865. 

1866. 

1867. 

1868. 

January. 

148,324 

121,386 

132,200 

123,460 

150,220 

February . 

101,431 

94,803 

121,320 

125,321 

144,201 

March. 

96,486 

103,201 

180,206 

165,230 

200,410 

April. 

132,486 

122,222 

260,231 

250,830 

280,430 

May. 

125,218 

140,301 

280,320 

300,210 

310,408 

June. 

221,386 

338,403 

390,260 

360,311 

400,046 

July. 

110,490 

184,231 

200,410 

210,410 

390,402 

August. 

101,218 

115,821 

290,210 

260,310 

320,210 

September. 

228,430 

231,402 

390,431 

384,206 

480,306 

October. 

220,386 

228,321 

318,616 

300,102 

260,240 

November. 

201,441 

215,262 

210,016 

280,013 

280,260 

December . 

154,765 

204,779 

236,701 

132,807 

265,377 

Totals. 

1,842,061 

2,100,132 

3,010,921 

2,893,210 

3,482,510 



1869. 

1870. 

1871. 

1872. 

1873. 

January. 

313,891 

398,720 

440,791 

476,966 

573,124 

February . 

275,206 

332,339 

347,718 

407,606 

527,440 

March. 

282,758 

358,575 

383,890 

276,220 

668,374 

April. 

302,437 

467,094 

389,147 

428,512 

708,191 

May. 

319,672 

426,795 

587,375 

510,417 

768,176 

June. 

376,709 

485,111 

501,754 

529,228 

696,414 

July. 

383,077 

470,913 

541,137 

591,238 

814,449 

August. 

386,931 

500,167 

528,134 

621,954 

864,768 

September. 

429,919 

542,873 

551,075 

541,607 

952,955 

October. 

432,043 

535,320 

505,071 

607,468 

1,010,852 

November. 

357,034 

575,110 

480,977 

477,940 

959,589 

December. 

395,666 

500,151 

410,822 

430,786 

955,443 

Totals. 

4,255,343 

5,593,168 

5,667,891 

5,899,942 

9,499,775 



1874. 

1875. 

1876. 

1877. 

1878. 

January. 

843,663 

435,095 

659,267 

746,530 

778,435 

February . 

501,220 

327,776 

504,996 

445,925 

783,941 

March. 

518,246 

693,918 

523,521 

912,603 

771,969 

April. 

803,409 

729,581 

570,198 

845,345 

897,121 

May. 

899,027 

681,679 

596,997 

1,222,015 

966,283 

June. 

815,413 

745,986 

850,236 

1,295,657 

1,118,573 

July. 

940,281 

904,537 

1,162,738 

1,085,394 

1,242,892 

August. 

793,865 

882,089 

1,128,220 

1,409,908 

1,689,319 

September. 

1,014,570 

1,109,392 

1,075,872 

1,557,350 

1,452,921 

October. 

543,341 

871,917 

505,907 

1,194,263 

1,758,230 

November. 

546,117 

671,066 

835,476 

1,189,492 

1,273,826 

December. 

602,348 

871,902 

1,170,521 

565,162 

1,016,580 

Totals . 

8,821,500 

8,924,938 

9,583,949 12,469,644 

13,750,090 




















































































































Shipments of Crude Petroleum, 1879-83. 


85 



1879. 

1880. 

1881. 

1882. 

1883. 

January. 


654, 

221 

1,656,905 

1,061,617 

1,757,067 

1,358,200 

February . 


719, 

180 

1,399,964 

914,050 

1,787,909 

1,241,877 

March. 

1, 

128, 

655 

1,635,418 

1,275,360 

1,731,605 

1,634,844 

April. 

1, 

121, 

277 

856,074 

1,348,400 

1,707,928 

1,908,379 

May . 

•1, 

355, 

991 

1,141,431 

1,563,436 

1,827,357 

1,993,746 

June. 

1, 

353, 

888 

1,058,906 

1,730,640 

2,215,685 

1,747,475 

J uly. 

1 

602, 

179 

1,287,718 

1,025,684 

2,403,383 

1,634,407 

August. 

1 

855, 

473 

1,395,614 

2,208.633 

2,047,936 

2,086,237 

September. 

1 

694, 

520 

1,225,971 

2,131,949 

1,992,042 

2,327,574 

October . 

1 

697, 

072 

1,641,587 

2,080,467 

2,089,204 

2,220,365 

November. 

1 

501, 

319 

1,204,204 

2,030,205 

1,404,640 

2,064;985 

December . 

1 

542, 

811 

1,335,228 

1,969,580 

1,129,453 

1,749,547 

Totals. 

16 

226, 

586 

15,839,020 

19,340,021 

22,094,209 

21,967,636 


Pipe Line Runs, 1876 to 1884. 


The following are the pipe line runs for 1876, as shown by their 
quarterly returns to the Bureau of Statistics at Harrisburg: 


Runs, bbls. Av'ge, bbls. 

First quarter.2,006,836.89 22,054 

Second quarter.2,223,441.09 24,433 

Third quarter.2,471,447.75 26,820 

Fourth quarter.2,384,641.22 26,205 


Total for 1876.9,086,366,95 


Total for 1876.9,086,366,95 

The following tables give the daily average and the total runs 
from the producing region, from all lines, for the month named: 



1877. 

1878. 

1879. 


D'ly Av. 

Total. 

D'ly Av. 

Total. 

D'ly Av. 

Total. 

January. 

February. 

March. 

April.,. 

May. 

June. 

July. 

August. 

September. 

October. 

November. 

December. 

29,047 

29,460 

30,980 

31,342 

34,297 

36,664 

38,184 

40,122 

39,106 

40,091 

38,964 

39,508 

900,457 

842,3631 

969,380 

940,260 

1,063,193 

1,099,939 

1,183,701 

1,243,800 

1,173,189 

1,202,752 

1,168,920 

1,224,759 

33,509 

39,280 

41,237 

41,662 

39,205 

39,846 

44,486 

43,523 

44,299 

46,504 

44,704 

36,739 

1,038,780 

1,109,840 

1,278,344 

1,249,883 

1,215,346 

1,195,351 

1,379,076 

1,302,427 

1,328,978 

1,433,341 

1,341,149 

1,138,910 

45,719 

43,105 

48,856 

50,754 

52,963 

53,908 

54,061 

61,886 

63,504 

60,694 

60,278 

63,722 

1,417,284 

1,206,956 

1,517,561 

1,522,627 

1,641,868 

1,617,240 

1,675,891 

1,915,332 

1,905,121 

1,881,503 

1,808,943 

1,975,390 

Total runs.... 


13,012,713 


15,011,425 


20,085,716 

































































































86 


Pipe Line Runs, 1880-83 



1880. 

1881. 


D’ly Av. 

Total. 

Fly A?. 

Total. 

January . 

67,330 

2,087,243 

66,078 

2,048,414 

February. 

62,671 

1,817,454 

70,656 

1,978,382 

March. 

67,024 

2,077,763 

77,570 

2,404,655 

April. 

67,921 

2,037,319 

80,881 

2,426,442 

May. 

59,048 

1,830,492 

83,587 

2,591,184 

June. . 

69,931 

2,098,067 

88,691 

2,660,725 

July. 

71,072 

2,203,234 

87,027 

2.697,894 

August. 

71,010 

2,201,063 

91,390 

2,833,095 

September. 

67,813 

2.034,410 

83,907 

2,517,196 

October. 

70,861 

2,196,692 

87,940 

2,726.146 

November. 

67,784 

2,033,526 

75,908 

2,277,244 

December. 

70,054 

2,171,687 

81,067 

2,513,081 

Total runs. 


24.788,950 


29,674,458 



1882. 

1883. 


D’ly Av. 

Total. 

D’ly Av. 

Total. 

January . 

71,834 

2,226,864 

65,125 

2,018,875 

February . 

83,547 

2,339,322 

65,208 

1,825,831 

March. 

83,732 

2,595,696 

64,404 

1,996,526 

April... 

81,125 

2,433,763! 

69,207 

2,076,216 

May. 

86,957 

2,695,653 

69,445 

2,152,803 

June. 

96,524 

2,865,686 

70,451 

2,113,525 

July. 

103,899 

3.220,865 

65,628 

2,034,471 

August. 

111,230 

3,448,133 

68,868 

2,134,919 

September . 

96,075 

2,882,245 

66,237 

1,987,099 

October. 

85,259 

2,643,033 

67,675 

2,097,929 

November. 

73,098 

2,192,948 

65,308 

1,959,238 

December. 

72,419 

2,244,982 

64.146 

1,988,534 

Total runs. 


31,789,190 


24,385,966 




















































































Stocks in the Oil Region, 1867-83 


87 


Stocks in tlie Oil Region. 

The following tables exhibit the stocks held in the Oil Region at 
the close of each month for the years named: 



1867 

1868 

1869 

January ... 


541,000 

274,167 ! 

February . 


552,194 

282,450 

March . 

166,355 

559,607 

329,324 

April. 


421,600 

365,970 

May. 


290,400 

365,484 

June. 

252,500 

278,450 

309,246 

Julv . 


267,450 

307,136 

August. 


295'973 

332,129 

September 

375,000 

263,808 

292,419 

October.... 

655,000 

266,180 

276,475 

November. 

604,000 

253,700 

337,658 

December. 

534,000 

264,805 

340,154 


1870 


342,390 

351,474 

385,157 

328,609 

351,168 

321,840 

356,908 

419,477 

473,896 

576,014 

554,626 

537,751 


1871 

1872 

587,021 

642,944 

673,810 

685,616 

554,424 


806,548 

1,041,889 



*402,303 

383,174 

343,320 

. 




568,858 



^Stocks in iron tankage only. 


January ... 
February .. 

March. 

April. 

May. 

June. 

July . 

August. 

September 

October. 

November. 

December 


1873 

1874 

1875 

1876 

1877 

1878 

1,183,728 

1,266,373 

1,244,657 

1,178,643 

1.192,541 

l'324,493 

1,433,620 

1,513,890 

1,521,185 

1,452,777 

1,493,875 

1,625,157 

1,948,919 
2,283 032 




3,175,717 



. 

3,486,525 

2,528,219 



3,106,678 

4,021,997 

2 623 534 



3,191,131 

4,420,339 

4,656,302 

2,503,246 



3,103,822 

2,844,727 

2,910,438 

2,747,983 

2,701,625 


. 

4,736,025 

2.794 790 



4' 885' 507 

2,932,444 
2 758 504 



4,591,352 



2'350'324 

4'494'689 
4,129,554 
4,205,161 

3,134,902 

3,449,845 


1,976,830 

2,428,993 

2,369,490 


2'118^ 551 
1,926,735 

3,705,639 

2,751,758 

2'857'098 

4'307^ 590 


1879 


1880 


1881 


1882 


January. 5,064,693 

February. 5,541,683 

March. 5,928,628 

April. 6,332,851 

May. 6,565,454 

June. 6,849,389 

July. 6,938,690 

August. 6,998,946 

September. 7,228,980 

October.7,402,630 

November. 7,675,193 

December. 8,094,496 


8,520,696 

8,930,508 

9,368,240 

10,545,425 

11,230,883 

12,281,711 

13,150,974 

13,945,113 

14,713,346 

15,144,802 

15,863,584 

16,606,344 


17,569,168 

18,605,254 

19,712,869 

20,785,765 

21,800,736 

22,642,207 

23,364,125 

23,932,868 

24,212,719 

24,729,704 

24,853,372 

25,333,411 


25,788, 

26,329, 

27,255, 

27,932, 

28,785, 

29,419, 

30,273, 

31,252, 

32,210, 

33,040, 

33,605, 

34,335, 


072 

098 

326 

890 

743 


1883 


34,952,652 
35, 

35, 


35, 

35, 


101 35, 
847 36, 
351 36, 
372 35, 
01735, 
499 35, 
147 35, 


514.922 
594,681 
500,859 
612,245 
984,227 
371,939 

103.923 
752,719 
617,087 
495,236 
715,565 




































































































88 


Outstanding Certificates, 1877-83 


Outstanding Certificates or Acceptances. 

The following table gives the outstanding certificates or accept¬ 
ances at the end of each month from April, 1877, to January, 1884: 


1877. 


1878. 


1879. 


1880. 


\ 


January. 


February . 


March. 


April. 

449,640.14 

683,663.71 

061,786.57 

667.166.36 
643,281.46 
552,676.26 
673,850.05 

657.591.36 
754,338.25 

May. 

June. 

July. 

August. 

September. 

October. 

November. 

December. 


864,711.41 

1,404,292.13 

1,487,439.50 

1,615,791.19 

2,065,333.31 

1,950,420.81 

2,078,469.56 

2,064,590.76 

1,705,853.95 

1,517,484.27 

1,784,443.35 

1,741,311.07 


2,153,763.83! 
2,346,238.22 
2,484,881.831 
2,644,301.36 
2,522,486.36! 
2,959,921.12- 
3,323,575.29 
3,581,224.03 
3,783,480.38 
3,788,155.65 
3,972,300.18 
4,235,459.40 


4,436,788.55 

4,602,286.49 

4,811,894.33 

5,846,536.60 

6,361,320.05 

7,397,131.89 

8,125,241.25 

8,635,394.80 

9,287,193.94 

9,448,615.77 

0,083,824.08 

0,913,283.49 


January... 

February.. 

March. 

April. 

May. 

June. 

July. 

August.... 
September 
October... 
November. 
December 


1881. 

1882. 

1883. 

11,672,583.61 17,788,245.97 
12,029,594.35 18,291,296,87 
13,099,262.44 19,039,760,73 
13,846,285.20 19,963,183.00 
14,608,124.70 20,622,520.38 
14,738,828.77 21,282,495.62 
15,150,627.23 22,037,273.31 
15,240,553.15 22,094,815.90 
15,626,283.11 23,824,360.13 
16,408,030.46 24,283,352.42 
16,407,354.48 25,722,724.08 
17,618,187.75 25,420,570.77 

26,423,935.50 

26,618,762.40 

25,853,292.32 

25,393,241.53 

27,084,933.67 

28.591.100.76 

27.873.375.77 
27,937,602.52 
27,736,393.02 

27.623.847.75 

28.307.351.75 
28,603,136.25 


Exports from the United States. 


Total exports from the United 
for years named: 


1861 . 1,112,476 

1862 . 10,887,701 

1863 . 28,250,721 

1864 . 31,872,972 

1865 . 29,805,523 

1866 . 67,430,451 

1867 . 67,052,020 

1868 . 97,179,919 

1869 .102,748,604 

1870 .139,271,150 

1871 .159,641,499 

1872 .156,329,373 


States in gallons crude equivalent, 


1873 .242,615,830 

1874 .230,672,424 

1875 .232,411,807 

1876 .255,372,426 

1877 .349,246,907 

1878 .332,410,708 

1879 .417,648,544 

1880 .418,363,455 

1881 .621,785,516 

1882 .612,113,350 

1883 .656,363,869 










































































Exports of Petroleum, 1864-83 


89 


Exports of Petroleum, 

Including all the products of Refined, Lubricating, Naphtha and 
Residuum, from the United States, and its value, from 1864 to 1883, 
as compiled from the official reports of the Chief of the Bureau of 
Statistics to the Secretary of the Treasury. The fiscal or treasury 
year begins July 1st and ends June 30th. 


No. of 

Year. Gallons. Value. 

1864 . 23,210,369 $10,782,689 

1865 . 25,496,849 16,563,413 

1866 . 50,987,341 24,830,887 

1867 . 70,255,481 24,407,642 

1868 . 79,456,888 21,810,676 

1869 .100,636.684 31,127,433 

1870 .113,735,294 32,668,960 

1871 .149,892,691 36,894,810 

1872 .145,171,583 34,058,390 

1873 .187,815,187 42,050,756 

1874 .247,806,483 41,245,815 

1875 .221,955,308 30,078,568 

1876 .243,660,152 32,915,786 

1877 .309,198,914 61,789,438 

1878 .338,841,303 46,574,974 

1879 .378,310,010 40,305,249 

1880 .423,964,699 36,218,625 

1881 .397,660,262 40,315,609 

1882 .559,954,590 51,232,706 

1883 .505,931,622 44,913,079 


PRODUCTION. 


Yearly and Daily Averages. 

In the following table the production of the Pennsylvania oil 
field, for the years named, is estimated: 


Year. Total Prod’n, Bbls. 

1859 . 82,000 

1860 . 500,000 

1861 .2,113,600 

1862 .3,056,606 

1863 .2,611,359 

1864 .2,116,182 

1865 .3,497,712 

1866 .3,597,527 

1867 .3,347,306 

1868 .3,715,741 

1869 . 4,186,475 

1870 .5,308,046 

1871 .5,278,072 


Year. Total Prod’n, Bbls. 

1872 . 6,505,774 

1873 . 9,849,508 

1874 .11,102,114 

1875 . 8,948,749 

1876 . 9,142,940 

1877 .13,052,713 

1878 .15,011,425 

1879 .20,085,716 

1880 .24,788,950 

1881 .29,674,458 

1882 .31,789,190 

1883 .24,385,966 























































90 


Daily Average Production, 1868-79 


Daily Average Production. 


In the following tables is exhibited the estimated daily average 
production: 


1868 

1869 

1870 

1871 

January. 


9,700 

10,192 

12,634 

15,477 

February. 


9,200 

9,9671 

11,917 

14,391 

March. 


8,621 

9,891 

12,385 

13,531 

April. 


8,537 

11,067 

12,974 

13,308 

May. 


9,790 

10,153 

14,165 

13,987 

June. 


10,102 

11,334 

14,817 

14,806 

July. 


10,698 

11,697 

15,969 

14,725 

August. 


11,981 

12,157 

17,777 

14,922 

September. 


11,033 

12,645| 

19,489 

15,800 

October. 

.... 1 

10,133 

13,0711 

20,158 

16,089 

November. 


10,275 

13,317 

IS, 012 

17,672 

December. 


9,737 

12,8441 

15,214 

17,724 



1872 

1873 

1874 

1875 

January. 

14,239 

20,407 

37,653 

27,489 

February. 

17,033 

21,725 

29,836 

25,708 

March. 

13,885 

21,461 

24,629 

25,469 

April. 

15,509 

21,384 

25,958 

22,502 

May. 

17,402 

25,044 

25,121 

22,468 

June. 

12,140 

26,449 

30,725 

23,207 

July ... 

16,933 

27,893 

33,337 

25,431 

August. 

17,440 

30,198 

30,049 

23,186 

September. 

16,598 

31,809 

28,021 

23,298 

October. 

18,450 

30,403 

29,669 

23,583 

November. 

25,942 

33,045 

28.072 

23,340 

December. 

20,630 

34,980 

27,682 

23,254 


. 

1876. 

1877. 

1878. 

January. 

22,975 

25,100 

37,920 

February . 

23,065 

25,550 

37,545 

March. 

23,167 

27,100 

37,400 

April. 

23,383 

29,000 

37,890 

May . 

23,721 

31,700 

38,500 

June. 

24,120 

35,320 

40,000 

July. 

24,623 

37,160 

41,000 

August. 

26,480 

38,015 

42,900 

September. 

27,000 

38,930 

43,999 

October. 

26,800 

38,465 

44,480 

November. 

26,600 

37,970 

45,200 

December. 

25,100 

39,820 

43,900 


1879. 


44,000 

43,830 

47,960 

50,810 

52.911 
55,600 

56.911 
59,940 
61,490 
60,980 
58,750 
58,231 
























































































Daily Average Production, 1880-83 


91 



1880. 

1881. 

1882. 

1883. 

January. 

59,982 

73,030 

75,028 

74,910 

60,955 

61,080 

62,245 

63,568 

February. 

63,890 

69,060 

March. 

66,215 

73,900 

74,751 

April . 

68,063 

75,245 

76,690 

Mav. 

72,080 

79,000 

78,700 

63,177 

June. 

73,104 

82,460 

84,300 

64,382 

July. 

73,794 

81,900 

95,750 

63,348 

August. 

74,980 

79,100 

110.000 

66,014 

September. 

71,941 

78,231 

78,520 

65,300 

October. 

77,491 

77,971 

66,250 

67,981 

66,137 

November. 

76,112 

77.892 

61,700 

December. 

74,080 

76,642 

61,000 

63,500 


PIPE LOE RUNS BI DISTRICTS. 


The following tables give the pipe line runs from the yarious dis¬ 
tricts of the Oil Region from 1877 to 1884. In all the old districts 
the runs nearly represent the production, and the daily production 
of these districts is shown in the daily average. 

1878. 


Oil City District, Charley Run, Cherry Tree, Pit 

hole, Shaffer, &c. 


January. 

United Lines. 
32,786 

Other Lines. 
17,190 

Total. Daily Art age. 
49,976 1,612 

February... 

29,818 

9,177 

38,995 

1,392 

March. 

30.093 

10,823 

40,916 

1,320 

April. 

27,529 

12,369 

39,898 

1,329 

May. 

29,774 

7,288 

37,062 

1,195 

June. 

25,109 

31,025 

8,939 

34,048 

1,135 

July. 

8,960 

39,985 

1,290 

August. 

26,562 

10,335 

36,897 

1,190 

September.. 

21,488 

8,544 

30,032 

1,001 

October. 

30,938 

7,992 

38,930 

1,256 

November.. 

20,885 

9,717 

30,502 

1,016 

December.. 

17,927 

7,568 

25,495 

822 

Totals .... 

323,934 

118,902 

442,836 

1,213 

January .... 

23,602 

1879. 

8,341 

31,943 

1,030 

February... 

22,932 

5,978 

28,910 

1,032 

March. 

25,815 

10,261 

36,076 

1,163 

April. 

27,873 

28,288 

8,127 

36,000 

1,200 

May. 

8,497 

36,785 

1,186 

June. 

25,498 

8,585 

34,083 

1,136 

July. 

28,925 

5,801 

34,726 

1,120 




















































92 


Pipe Line Runs by Districts. 


United Lines. Other Lines. Total. 


August. 16,213 7,654 23,967 

September. 18,621 6,521 25,142 

October. 19,186 6,271 35,457 

November. 21,202 5,927 27,129 

December. 20,778 6,003 26,781 


Totals. 278,933 87,966 366,899 


Bradford District. 

1878. 



United. 

Equitable. 

Total. 

January.. 

188,385 


188,385 

February. 

239,523 


239,523 

March . 

433,384 


433,384 

April. 

384,783 


384,783 

Mav. 

455,021 


455'021 

.Tune. 

473,786 


473^786 

July. 

583,165 

18,716 

60l'881 

August. 

562,281 

46,811 

609,092 

September. 

613,101 

54,090 

667,191 

October. 

719,099 

66,147 

785,246 

November_ 

670,267 

64,446 

734,713 

December. 

564,156 

60,585 

624,741 

Totals. 

. 5,886,951 

310,795 

6,197,746 



1879. 


January .. 

752,328 

65,026 

817,354 

February. 

678,491 

52,182 

730,673 

March. 

871,935 

55,421 

927,356 

April. 


53,476 

979,162 

May. 

.... 1,035,564 

*55,486 

1,091,050 

June. 

... 1,016,435 

82,035 

1,098,470 

July. 

... 1,071,705 

108,020 

1,179,725 

August. 

... 1,333,733 

107,402 

1,441,135 

September. 

... 1,320,426 

121,303 

1,441,729 

October. 

... 1,289,152 

139,883 

1,429,035 

November .... 

... 1,281,853 

118,092 

1,399,945 

December. 

... 1,434,131 

114,352 

1,548,483 

Totals.. 

... 13,011,439 

1,072,678 

14,084,117 

*Tide water runs begin on this date. 




1880. 



United. 

Tidewater. 

Total. 

January. 

... 1,477,952 

154,034 

1,631,986 

February. 

... 1,311,819 

125,377 

1,437,196 

March. 

... 1,487,443 

167,564 

1,645,007 

April. 

... 1,430,660 

199,327 

1,629,987 

May. 

... 1,234,565 

181,998 

1,416,563 

June. 

... 1,456,161 

230,086 

1,686,247 


Daily Av’age. 

773 

838 

1,143 

904 

864 


1,005 


Daily Av'age. 
6,077 
8,554 
13,980 
12,826 
14,678 
15,792 
19,415 
19,648 
22,239 
25,330 
24,490 
20,153 


16,980 


26,366 

26,095 

29,914 

32,638 

35,195 

36,615 

38,055 

46,488 

48,057 

46,093 

46,664 

49,951 


38,586 


Daily Av age 
52,644 
49,558 
53,064 
54,332 
45,695 
56,208 

































































Pipe Line 

Runs by Districts. 

93 


United. 

Tidewater. 

Total. 

Daily Av'aqe 

J uly. 

.. 1,583,068 

210,178 

1,793,246 

57,847 

August . 

.. 1,597,375 

196,249 

1,793,624 

57,859 

September .... 

.. 1,497,115 

169,147 

1,666,262 

55,542 

October. 

.. 1,660,910 

185,551 

1,846,461 

59,563 

November. 

,.. 1,561,042 

162,269 

1,723,311 

57,443 

December. 

... 1,685,075 

173,125 

1,858,200 

59,942 

Totals. 

... 17,983,185 

2,154,905 

20,138,090 

55,173 



1881. 



January . 

.. 1.543,287 

160,443 

1,703,720 

54,959 

February. 

.. 1,554,523 

143,545 

1,698,068 

60,645 

March. 

.. 1,912,704 

159,875 

2,072,579 

66,857 

April. 

... 1,874,695 

221,015 

2,095,710 

69,857 

May. 

.. 1,974,597 

290,031 

2,264,628 

73,052 

June. 

.. 2,013,457 

314,591 

2,328,048 

77,601 

July. 

.. 2,089,672 

299,005 

2,388,677 

77,054 

August . 

... 2,229,951 

276,038 

2,505,989 

80,838 

September. 

.. 1,954,849 

252,034 

2,206,883 

73,562 

October. 

... 2,175,597 

238,635 

2,414,232 

77,878 

November. 

... 1,734,102 

242,224 

1,976,326 

65,877 

December. 

... 1,976,505 

214,896 

2,191,401 

70,690 

Totals. 

... 23,033,939 

2,812,332 

25,846,271 

70,811 



1882. 



January. 

... 1,507,064 

198,125 

1,705,189 

55,006 

February. 

.. 1,541,602 

231,163 

1,772,765 

63,313 

March. 

... 1,582,377 

218,055 

1,800,432 

58,078 

April. 

... 1,386,738 

206,518 

1,593,256 

53,108 

May. 

... 1,482,592 

252,020 

1,734,612 

55,955 

June. 

... 1,414,570 

265,911 

1,680,481 

56,016 

July. 

... 1,363,746 

262,400 

1,626,146 

52,456 

August. 

... 1,282,195 

258,861 

1,541,056 

49,711 

September. 

... 1,152,862 

244,696 

1,397,558 

46,585 

October. 

... 1,071,812 

233,525 

1,305,337 

42,107 

November. 

... 1,044,836 

197,309 

1,242,145 

41,404 

December. 

... 1,009,106 

217,897 

1,227,003 

39,580 

Totals. 

... 15,839,500 

2,786,480 

18,625,980 

51,030 



1883. 



January. 

946,362 

195,865 

1,142,227 

36,846 

February. 

893,089 

184,391 

1,077,480 

38,481 

March. 

970,124 

200,254 

1,170,378 

37,754 

April. 

958,730 

205,596 

1,164,326 

38,810 

May . 

990,638 

218,054 

1,208,692 

38,990 

June. 

952,904 

205,508 

1,158,412 

38,613 

July. 

898,861 

231,049 

1,129,910 

36,449 

August. 

912,468 

239,661 

1,152,129 

37,165 

September. 

863,342 

213,486 

1,076,828 

35,894 



























































94 


Pipe Line Runs by Districts 


October. 

United. 

877,787 

Tidewater. 

230,629 

Total. 

1,108,416 

Daily Av'aqe 
35,755 

November. 

828,034 

207,447 

1,035,481 

34,516 

December. 

813,287 

198,860 

1,012,147 

32,649 

Totals. 

... 10,905,626 

2,530,800 

13,436,426 

36,812 

January . 


Allegany. 

1882. 

United Runs. 
... 223,898 

Daily Av 1 aye. 
7,222 

February. 



... 266,331 

9,512 

March. 



... 457,585 

14,760 

April. 



... 528,673 

17,622 

May. 



... 605,184 

19,522 

June. 



... 682,974 

22,765 

July. 



... 740,417 

23,884 

August. 



... 645,245 

20,814 

September .... 



... 491,625 

16,387 

October. 



... 618,889 

19,964 

November.. 



.. 509,818 

16,993 

December. 



... 434,640 

14,020 

Totals. 



...6,205,279 

17,000 

January. 

United. 
. 437,324 

1883. 

Tidewater. 

Total. 

437,324 

Daily Av’’age. 
14,107 

February . 

. 368,320 


368,320 

13,154 

March. 

. 391,206 


391,206 

12,619 

April. 

. 412,257 


412,257 

13,718 

May. 

. 400,603 

27,540 

428,143 

13,811 

June. 

. 351,933 

53,040 

404,973 

13,499 

July. 

. 310,615 

74,432 

385,047 

12,420 

August. 

. 312,966 

83,065 

396,031 

12,775 

September — 

. 282,511 

88,234 

370,745 

12,391 

October. 

. 295,893 

96,412 

392,305 

12,655 

November.. 

. 269,359 

97,591 

366,950 

12,231 

December. 

. 308,674 

95,653 

404,327 

13,042 

Totals. 

. 4,141,661 

615,967 

4,757,628 

13,034 


Tidioute and Titusville, IncludingOctave District. 

1878. 1879. 



Total 

Daily 

Total 

Daily 


Runs. 

Average. 

Runs. 

Average. 

Januarv. 

. 57,324 

1,849 

57,221 

1,846 

February. 

. 69,183 

2,470 

47,944 

1,712 

March. 

. 78,345 

2,527 

61,204 

1,974 

April. 

. 81,289 

2,709 

58,270 

1,942 

May. 

. 89,149 

2,875 

63,082 

2,035 
































































Pipe Line Runs by Districts 


95 


1878 . 1879 . 


June. 

July. 

August. 

September. 

October. 

November. 

December. 

Total Daily 

Runs. Average. 

. 71,242 2,374 • 

. 72,768 2,347 

. 75,844 2,446 

. 63,921 2,130 

. 67,731 2,185 

. 63,254 2,108 

. 51,322 1,655 

Total Daily 

Runs. Average. 

58,015 1,933 

56,062 1,835 

52,066 1,679 

52,672 1,755 

52,148 1,682 

44,488 1,482 

47,546 1,533 

Totals. 

.841,372 

2,305 

650,718 

1,810 


1880 . 


1881 . 


January . ... 

. 53,012 

1,710 

41,112 

1,326 

February . 

. 45,104 

1,610 

35,014 

1,226 

March. 

. 50,832 

1,639 

40,874 

1,318 

April. 

. 54,766 

1,825 

41,488 

1,382 

May. 

. 51,539 

1,662 

41,482 

1,338 

June. 

. 43,302 

1,443 

39,950 

1,331 

July. 

. 61,287 

1,977 

37,980 

1,225 

August. 

. 60,979 

1,967 

39,560 

1,276 

September. 

. 50,502 

1,683 

40,100 

1,333 

October. 

. 48,529 

1,565 

36,688 

1,183 

November. 

. 42,764 

1,425 

36,412 

1,213 

December.. 

. 40,443 

1,304 

34,845 

1,124 

Totals. 

.603,059 

1,652 

465,505 

1,275 


1882 . 


1883 . 


January. 


1,159 

28,914 

932 

February. 

. 34,595 

1,235 

27,427 

979 

March. 

. 34,308 

1,106 

30,576 

986 

April. 

. 33,110 

1,103 

31,181 

1,039 

May. 

. 35,795 

1,154 

34,333 

1,107 

June . 

. 40,333 

1,344 

30,174 

1,005 

July. 

. 32,148 

1,037 

28,452 

917 

August. 

. 35,063 

1,131 

32,480 

1,080 

September. 

. 23,376 

1,079 

33,350 

1,111 

October. 

. 36,254 

1,169 

36,004 

1,161 

November. 

. 41,302 

1,376 

25,343 

844 

December. 

. 29,190 

941 

27,279 

879 

Totals. 

.420,432 

1,151 

365,513 

1,001 


Cherry drove. 


1882 . 1883 . 


Total Daily Total Daily 

Runs. Average. Runs. Average. 

January. 102,705 3,313 

February. 82,718 2,954 

March. 83,876 2,705 


































































96 


Pipe Line Runs by Districts 


1882 . 


1883 . 



Total 

Daily 

Total 

Daily 


Runs. 

Average. 

Runs. 

Average. 

A pri 1. 



78,130 

2,604 

May. 

6,765 

483 

68', 407 

2,206 

June.,. 

. 91,102 

3,036 

66,454 

2,215 

July . 

. 268,294 

8,655 

58,323 

1,881 

August. 

. 753,752 

24,314 

59,980 

1,935 

September. 

.. 690,072 

23,002 

48,353 

1,611 

October . 

. 290,246 

9,362 

40,678 

1,312 

November. 

. 146,587 

4,886 

32,712 

1,090 

December. 

. 68,582 

3,180 

32,885 

1,060 

Totals. 

.2,315,400 

9,450 

755,221 

2,069 


Cooper. 




1882. 

1883. 


Total 

Daily 

r 

Total 

A 

Daily 


Runs. 

Average. 

Runs. 

Average. 

January. 



50,590 

1,632 


February. 

March. 

April. 

May. 

June. 

July. 

August . 

September. 

October. 3,712 

November. 8,810 

December. 17,342 


119 

293 

559 


Totals. 


29,864 324 

ISalltowii. 

1882 . 


41,291 

53,845 

114,064 

118,682 

125,988 

107,465 

98,151 

96,024 

102,748 

97,546 

89,163 


1,474 

1,737 

3,802 

3,828 

4.199 
3,466 
3,166 

3.200 
3,314 
3,251 
2,876 


1,095,557 


3,001 


1883 . 


Total Daily 
Runs. Average. 

January. . 

February. . 

March. . 

April. . 

May. . 

June. . 

July. . 

August. . 

September. . 

October. . 

November. . 


December. 2,700 90 

/ .. ... _ 

Totals. 2,700 90 


"\ 


Total 

Daily 

Runs. 

Average. 

10,349 

333 

9,312 

332 

11,418 

368 

25,214 

840 

29,501 

951 

58,839 

1,961 

60,278 

1,944 

95,406 

3,077 

111,700 

3,723 

133,248 

4,298 

114,233 

3,807 

116,746 

3,766 

776,244 

3,126 

























































































Pipe Line Runs by Districts. 


97 


Bullion. 

1878. 


1879. 



Total 

Daily 


Runs. 

Average. 

January. 

. 72,937 

2,352 

February. 

. 65,947 

2,355 

March. 

. 62,147 

2,004 

April. 

. 49,155 

1,638 

May. 

. 60,836 

1,962 

June. 

. 43,739 

1,457 

July. 

. 58,400 

. 49,133 

1,883 

August.. 

1,585 

September.. 

. 47,067 

1,568 

October. 

. 42,632 

1,375 

November.. 

. 44,025 

1,467 

December. 

. 37,918 

1,223 

Totals. 

.633,936 

1,736 


llutler and Armstron 


1887 . 


Total 

Daily 


Runs. 

Average. 

January. 

. 188,385 

6,077 

February. 

. 239,523 

7,554 

March. 

. 433,384 

13,980 

April. 

. 384,783 

12,826 

May. 

. 455,021 

14,678 

.Tune. 

. 473,786 

15,793 

July. 

. 583,166 

18,812 

August. 

. 562,281 

18,138 

September. 

. 613,101 

20,437 

October. 

. 719,098 

.* *688,817 

23,197 

November. 

22,960 

December. 

.*586,851 

18,930 

Totals. 

.5,928,196 

16,241 2 


Total 

Runs. 

39,277 

34,104 

41,665 

38,749 

36,257 

35,207 

33,670 


Daily 

Average. 

1,267 

1,218 

1.344 

1,291 

1,169 

1,173 

1,086 


258,929 


1,221 


Or 


1879. 


Total 

Runs. 

*259,634 

*208,123 

245,202 

233.883 
240,998 
220,448 
203,651 
245,746 
233,690 
227,668 
198,452 

214.883 


Daily 

Average. 

8,375 

7,434 

7,909 

7,796 

7,774 

7,348 

6,569 

7,927 

7,789 

7,344 

6,615 

6,932 


2,732,378 


7,458 


including Pennsylvania Transportation Co.’s Runs. 


Clarion. 

1878. 


* 

United. 

January . 

. 300,607 

February . 

. 327,823 

March. 

. 274,819 

April. 

. 317,842 

May. 

. 268,613 

June . 

. 208,072 

July. 

. 251,598 


Daily 


Foxburg. 

Total. 

Average. 


300,607 

9,694 


327,823 

11,798 

8,989 

283,808 

9,155 

14,845 

332,687 

11,089 

9,325 

277,938 

8,966 

15,181 

223,253 

7,441 

18,532 

270,130 

8,737 

































































98 


Pipe Line Runs by Districts. 


Daily 

United. Foxburg. Total. Average. 

August. 245,906 15,861 261,767 8,725 

September . 214,486 14,620 229,106 7,637 

October. 195,913 14,363 210,276 6,783 

November. 181,356 *19,266 200,622 6,687 

December. 144,404 *18,223 162,627 5,246 


Totals. 2,931,439 149,205 3,080,644 8,440 


Totals. 2,931,439 149,205 3,080,644 8,440 

*Including Emlenton Pipe Runs. 

1879 . 



United. 

Foxb'g Line. 

Emlenton. 

Total. 

DLy Av. 

January. 

.. 180,102 

11,752 

7,736 

199,590 

6,438 

February_ 

... 132,251 

10,319 

6,938 

149,508 

5,339 

March. 

... 162,649 

11,578 

7,149 

181,376 

5,851 

April . 

... 147,956 

10,762 

6,516 

165,234 

5,508 

May. 

... 142,977 

9,993 

10,495 

163,465 

5,273 

June. 

... 135,199 

10,687 

14,648 

150,534 

5,015 

July. 

... 130,134 

10,297 

15,638 

156,079 

5,035 

August. 

... 115.008 

9,769 

18,504 

143,281 

4,622 

September... 

... 115,325 

9,073 

19,769 

144,167 

4,806 

October. 

... 107,559 

8,978 

20,509 

137,046 

4,421 

November..., 

... 96,070 

7,660 

20,858 

124,588 

4,153 

December... 

... 97,922 

8,638 

24,062 

130,622 

4,214 

Totals.... 

...1,563,152 

119,506 

172,822 

1,885,470 

5,089 


Lower IMstrict. 

1880 . 


January. 

United. 
. 349,903 

Other Lines. 
41,994 

Total. 

391,897 

Daily Av. 
12,641 

Februarv . 

. 290,602 

32,772 

323,374 

11,549 

March. 

. 323,453 

38,519 

361,972 

11,676 

11,313 

April. 

. 304,014 

35,383 

339,397 

May. 

. 313,050 

37,153 

350,203 

11,296 

June. 

. 321,781 

37,867 

359,648 

11,988 

July... 

. 303,263 

36,732 

339,995 

10,967 

August. 

. 299,577 

33,695 

333,272 

10,750 

September. 


976 

305,231 

10,174 

October. 

.... 286,338 

1,022 

287,360 

9,269 

November. 

. 255,360 

748 

256,108 

8,536 

December. 

. 256,111 

833 

256,944 

8,288 

Totals. 

.3,606,707 

297,694 

3,904,401 

10,697 

January. 

. 273,707 

1881. 

766 

274,473 

8,857 

February.. 

. 231,105 

699 

231,804 

8,279 

8,659 

March. 

. 266,760 

1,665 

268,425 

April. 

..... 260,134 

1,053 

261,187 

8,706 

May. 

. 252,796 

999 

253,795 

8,187 

June. 

. 254,190 

1,065 

255,255 

8,508 

























































Pipe Line Runs by Districts. 99 


•July. 

United. 

Other Lines. 

Total. 

Daily Av. 


980 

232,318 

7,494 

August. 

. 249,230 

950 

250,180 

8,070 

September... 

. 223,594 

844 

224,438 

7,481 

October. 

. 226,998 

674 

227,672 

7,344 

November.... 

. 212,529 

1,014 

213,543 

7,118 

December. 

. 224,649 

710 

225,359 

7,270 

Totals. 

.2,907,030 

11,419 

2,918,449 

7,995 



1882. 



January. 

. 201,530 

811 

202,341 

6,495 

February.. 

. 201,190 

1,393 

202,583 

7,235 

March. 

. 224,425 

1,086 

225,511 

7,275 

April. 

. 199.620 

898 

200,518 

6,684 

May. 

. 215,886 

1,079 

216,965 

6,999 

June. 

. 214,082 

1,202 

215,284 

7,143 

.Inly. 

. 196,298 

900 

197,198 

6,361 

August. 

. 208,813 

1,000 

209,813 

6,768 

September ... 

. 199,054 

1,059 

200,113 

6,670 

October. 

. 193,909 

980 

194,889 

6,287 

November ... 

. 179,353 

953 

180,306 

6,010 

December. 

. 277,176 

900 

178,776 

5,767 

Totals. 

.2,412,036 

12,261 

2,424,297 

6,642 



1883. 



•January. 

. 186,239 

900 

187,139 

6,037 

February . 

169,100 

950 

170,050 

6,074 

M arch. 

. 193,922 

900 

194,822 

6,285 

April. 

. 187,948 

799 

188,783 

6,293 

May. 

. 201,280 

800 

202,080 

6,519 

June. 

. 201,617 

750 

202,367 

6,475 

July. 

. 195,769 

700 

196,469 

6,338 

August. 

. 195,425 

800 

196,225 

6,330 

September .... 

. 175,465 

600 

176,065 

5,869 

October. 

. 188,992 

750 

189,742 

6,121 

November. 

. 179,176 

4,800 

183,976 

6,132 

December. 

. 181,949 

5,891 

187,840 

6,059 

Totals. 

.2,256,918 

18,640 

2,275,558 

6,234 


Warren. 





1878 . 

1879 . 


Total 

Daily 

Total 

-\ 

Daily 


Rum. 

Average. 

Runs. 

Average. 

January.. 

. 5,340 

172 

4,770 

154 

February. 

. 8,973 

320 

2,597 

92 

March. 

. 8,723 

281 

5,073 

164 

April....:... 

. 6,884 

229 

4,997 

166 

May.. 

. 7,216 

233 

.4,040 

130 

June. 

. 5,148 

172 

4,138 

137 


























































100 


Pipe Line Runs by Districts 


1878 . 1879 . 



Total 

Daily 

Total 

Daily 


Runs. 

Average. 

Runs. Average. 

July. 

. 8,068 

195 

4,362 

141 

August. 

. 4,580 

148 

^ 3,547 

114 

September. 

. 4,543 

152 

3,596 

119 

October. 

. 5,191 

167 

2,956 

95 

November. 

. 4,534 

151 

3,090 

106 

December. 

. 4,196 

135 

3,875 

125 

Totals. 

. 73,396 

201 

47,041 

128 


1880. 


1881. 


January. 

. 4,946 

159 

7,592 

245 

February.. 

.. 4,868 

168 

6,907 

246 

March. 

. 4,237 

137 

15,708 

507 

April. 

. 4,083 

136 

19,852 

662 

May. 

. 4,381 

141 

24,149 

779 

J une.. 

. 3,761 

125 

30,146 

1,005 

July. 

. 3,628 

117 

31,784 

1,025 

August. 

. 7,098 

229 

30,809 

994 

September. 

. 6,538 

218 

39,357 

1,312 

October. 

. 8,259 

266 

40,663 

1,312 

November. 

. 6,092 

203 

44,607 

1,487 

December. 

. 10,048 

321 

54,681 

1,764 

Totals. 

. 67,939 

186 

346,255 

949 


1882. 


1883. 


January. 

. 52,130 

1,682 

52,558 

1,695 

February. 

. 56,872 

2,031 

42,806 

1,529 

March. 

. 67,583 

2,180 

52,283 

1,687 

April. 

. 69,210 

2,307 

53,180 

1,773 

May. 

. 84,042 

2,711 

55,537 

1,791 

June. 

. 75,244 

2,508 

57,348 

1,912 

July. 

. 78,710 

2,539 

60,760 

1,960 

August. 

. 67,580 

2,180 

69,921 

2,256 

September. 


2,085 

68,245 

2,268 

October. 

. 57,491 

1,531 

79,999 

2,581 

November. 

. 54,697 

1,823 

87,683 

2,923 

December. 

. 49,492 

1,567 

88,068 

2,481 

Totals. 

.775,606 

2,125 

768,388 

2,105 


Franklin Pipe Line, Limited. 



1878 . 

JL 

1879 . 

1880 . 

January. 

Total Daily 
Runs. Average. 
...1,976 65 ' 

Total Daily 
Runs. Average. 
6,178 199 

f ' V 

Total Daily 
Runs. Average. 
5,430 175 

February.... 

... 4,684 167 

4,551 162 

6,533 233 

March. 

.... 5,431 175 

7,637 246 

5,712 184 
































































Pipe Line Runs by Districts. 


101 


1878. 

1879. 

1880. 

X 



Total Daily 

f -\ 

Total Daily 

Total. Daily 

Runs. Average. 

Runs. Average. 

Runs. Aver'ge. 


April . 

. 6,708 

223 

5,388 

179 

6,320 


251 

May. 

. 4,940 

160 

5,257 

169 

7,551 


203 

June. 

. 5,707 

190 

5,610 

187 

4,873 

5,230 


162 

July. 

. 5,405 

174 

6,405 

206 


169 

August. 

. 5,116 

132 

4,850 

156 

5,470 

5,876 


176 

September.... 

.. 4,998 

166 

6,453 

215 


195 

October. 

. 5,282 

170 

6,573 

212 

5,876 


189 

November. 

.. 5,432 

181 

6,294 

209 

5,110 


170 

December . 

. 5,061 

163 

5,437 

175 

6,137 


198 

Totals . 

.60,740 

166 

70,633 

193 

70,118 


191 


1881. 


1882. 


1883. 


January . 

.. 5,481 

176 

7,246 

233 

6,850 


221 

February . 

. 6,224 

222 

6,174 

220 

7,607 


271 

March . 

, 6,697 

216 

6,490 

209 

8,067 


260 

April. 

. 7,903 

263 

6,644 

220 

9,077 


302 

May. 

. 5,867 

195 

7,662 

6,917 

247 

7,426 


239 

June. 

. 7,130 

237 

230 

8,917 


297 

July. 

. 6,721 

217 

6,207 

200 

7,665 


247 

August. 

. 6,332 

204 

8,169 

263 

7,828 


252 

September.... 

,. 6,260 

208 

7,945 

264 

5,686 


189 

October. 

. 6,691 

216 

9,288 

299 

7,274 


234 

November.... 

.. 6,153 
.. 6,614 

105 

8,096 

8,348 

269 

5,701 


190 

December — 

213 

269 

4,929 


159 

Totals . 

.78,073 

214 

89,186 

244 

87,027 


239 



Monoiig^aliela. 






1879. 


1880. 


1881. 

* 


r ' 

Total Daily 
Runs. Aver'ge. 

( - -\ 

Total Daily 

Total 

Daily 


Runs. Aver'ge. 

Runs. Aver'ge. 

January . 

... 290 

9 

162 

5 

364 


... 

February . 

... 183 

6 

374 

13 


13 

March . 

... 586 

18 


• • • 

371 


12 

April . 

... 206 

6 

540 

18 

298 


9 

May. 

.... 391 

12 

245 

8 

262 


8 

June. 

.... 326 

10 

235 

i 

194 


6 

July. 

... 201 

6 

202 

6 

328 


10 

August. 

September ... 

.... 374 
... 206 

12 

6 

403 

206 

13 

6 

234 

155 


*V 

i 

5 

October. 

.... 203 

6 

204 

6 

199 


6 

November.... 

... 295 

9 

141 

4 

200 


6 

December— 

.... 192 

6 


... 

180 


6 

Totals. 

....3,453 

9 

2,712 

f*4 

4 

2,785 


7 




























































102 


Balltown and Cooper Gauges 


Balltown and Cooper. 


The following tables give the weekly gauges of the production of 
the Balltown and Cooper districts, with the number of producing 
wells at each gauge, as made by the scouts of the Oil Region : 


COOPER. 



No. of Pro- 
duc 1 q wells. 

..134 

.137 

.141 

.146 

Prod'n 

Date, 1883. 
February 28.... 

March 10. 

March 15. 

No. of Pro- 
due-g welts. 

. 16 

. 22 

. 25 

Prod’n 

bbls. 

1,599; 

3,938 

1^941 

November 9.. 
November 29.. 
December 14.. 
December 26.. 

bbls. 

3,500 

3,444 

3,182 

2,990 

March 21. 

. 25 

1,500 

BALLTOWX. 


March 23. 

. 26 

2,403, 

April 28. 


983 

March 27. 

. 27 

2,355 

May 8. 


970 

March 31. 

. 32 

3,939! 

May 11. 

. 11 

1,406 

April 11. 

. 37 

4,624 

May 19. 

. 13 

1,146 

April 19. 

. 46 

3,234 

May 25. 

. 14 

1,065 

April 28. 

. 47 

4,944 

June 1. 

. 17 

1,689 

May 3. 


4,224 

June 9. 

. 17 

1,800 

May 11. 

. 60 

4,326 

June 15. 

. 18 

1,851 

May 19. 

. 63 

4,632 

June 22. 

. 20 

2,925 

May 25. 

. 68 

4,007 

June 29. 

00 

2,499 

June 1. 


5,011 

July 6. 

. 23 

2,131 

June 9. 

. 78 

4,881 

July 14. 

. 24 

2,063 

June 15. 

. 82 

4,140 

July 21. 

. 25 

2,223 

June 22. 

. 85 

4,032 

July 27. 

. 25 

1,983 

June 28. 

. 85 

3,735 

August 4. 

. 31 

3,285 

July 6. 

. 90 

3,994 

August 11. 

. 34 

3,586 

July 13. 

. 93 

3,306 

August 17. 

. 35 

4,811 

July 20. 

. 97 

3,401 

August 25. 

. 36 

3,328 

July 27. 

. 98 

3,714 

September 1.. 

. 37 

3,095 

August 4. 

. 99 

3,129! 

September 8.. 

. 39 

3,287 

August 10. 

.101 

3,250 

September 15.. 

. 41 

4,155 

August 17. 

.102 

3,279 

September 22.. 

. 45 

5,086 

August 24. 

.106 

3.407! 

September 29.. 

. 48 

4,569 

August 31. 

.Ill 

3,811 

October 6. 

. 49 

6,458 

September 7. 

.Ill 

3,066 

October 13. 

. 51 

4,851 

September 14. 

.116 

2,939 

October 20. 

. 53 

4,517 

September 21. 

.119 

3,911 

October 27. 


3,347 

September 28. 

.121 

3,832 

November 3.. 


4,111 

October 5. 

.123 

4,142 

November 10.. 

• •••••• *)f) 

3,450 

October 12. 

.125 

3,910 

November 29.. 

. 63 

5,007 

October 19. 

.126 

3,809 

December 14.. 

. 63 

3,985 

October 26. 

.128 

3,526 

December 26.. 

. 65 

3,750 

November 2.. 

.131 

3,831 





















































































Stocks at Wells, 1881-83 


103 


Stocks at Wells. 

The following figures give the stocks at wells in the Bradford and 
Allegany field for the dates named at the close of each month: 

1881 . 


Bradford. Allegany. 

February.1,957,478 . 

March.1,868,308 . 

April.1,708,935 . 

May.1,676,625 . 

June.1,551,376 . 

July.1,696,245 . 

August.1,449,186 . 

September. 912,086 . 

October. 965,874 38,000 

November.1,023,378 84,666 

December. 962,964 180,200 

1882 . 

January.1,115,965 270,860 

February. 373,460 

March. 374,490 

April. 400,000 

September... 539,115 

October. 425,425 

November. 908,534 340,057 

December. 855,511 299,353 

1883 

May..* 1,022,950 224,978 

June. 177,675 

August. 801,692 153,744 

September. 795,312 146,815 

October. 796,866 157,105 

November. 840,225 176,516 


Foreign Oil Fields. 

Macksburg. —P. C. Boyle, the scout, writing from Macksburg 
to the Petroleum Age, under date of December 9th, 1883, says: The 
shipments from this place since August 1st are 7,176 barrels, divided 


as follows: 

Cars. Bbls. 

August. 16 1,800 

September. 20 2,390 

October. 14 1,562 

November. 11 1,424 

The above represents oil from all sources. For three months there 
were eighteen barrels of shallow oil produced a day. At present the 
production from this source is less than fifteen barrels a day. 

The stocks at wells were: Bbls. 

October 10.1,000 

November 6.1,300 

December 4.1,864 

No shallow oil is represented in the above stocks. 
















































104 


Foreign Oil Fields 


California Oil Trade. —“The oil trade of California,” says the 
San Francisco Journal of Commerce , 1 ‘promises to attain gigantic pro¬ 
portions in the course of a few years. The development of new wells 
in Southern California is proceeding at a rapid rate, and so valuable 
is the oil territory that a particular location in one case has been 
guarded by force of arms. A pipe line of twenty miles in length is 
being constructed to carry the oil to port, and we may soon note 
schooners loaded with oil arriving as rapidly and as regularly 
as those loaded with lumber. Some believe that we will some day 
eclipse Pennsylvania; but, without going so far, we have good reason 
to expect that we shall stand at least second in America as an oil 
producing region, and by consequence second in the world. The 
production for a series of years has been as follows: 


Gallons. 

1882. 4,903,920 

1881. 4,194,102 

1880. 1,763,215 

1879. 568,803 


When we can once get the oil out and refine it, we shall have 
markets all along the Pacific, from Behring Straits to Cape Horn, 
and to Hobart Town in Tasmania. The consumption of coal oil itself 
on this coast has been very large for many years, and has required a 
large supply from the east to keep it up. The distribution for several 
years may be given as follows: 


Gallons. 

1882. 3,943,350 

1881. 4,317,740 

1880. 2,000,000 

1879. 2,582,220 

1878 . 3,344,931 

1877. 2,995,941 


The distribution here does not mean consumption; it simply 
means what has been sold from San Francisco in a year. Besides 
this, about half a million gallons have been received yearly overland, 
at Sacramento chiefly; while Southern California has been supplied 
in great part from the oil wells of that section. The annual con¬ 
sumption in California, Oregon, and Washington may be averaged at 
four millions a year. It is rapidly increasing. The business of the 
coast is in the hands of a few houses, one of which has sold as much 
as two millions and a quarter gallons in a year.” 

Petroleum Exports by Countries, 1SS2 an<l 1883. 

The compiler is under obligations to a prominent oil firm for the 
following article and table of exports of Petroleum and its products, 
from New York and Philadelphia, for 1882 and 1883, with the 
countries to which the oil was taken. 

In 1883 the exports of Petroleum and its products from Balti¬ 
more were 11,103,599 gallons, against 11,842,410 gallons in 1882. 
From Boston in 1883 there were exported 4,770,407 gallons, and from 
the same port in the previous year 7,284,244 gallons. By way of 
Richmond 173,449 gallons crude were sent to France in 1883, and 














Petroleum Exports by Countries. 


105 


in 1882 there were exported from the same port 382,239 gallons. 
From the two ports first mentioned the quantities of Crude, Refined, 
Naphtha, &c., are not carefully noted, either by the press or by the 
trade generally, on account of the comparatively unimportant 
amounts shipped from them. Neither is the destination of the dif¬ 
ferent articles specified. However, so far as this report is concerned, it 
may be fairly said that the three ports named have not a sufficient busi¬ 
ness to, in any way, materially change the results that are arrived at 
by a comparison of the exports from the great ports of New York 
and Philadelphia. For the past two years from these two places 
there were shipped in 1883, of Crude, Refined, &c., 484,614,679 
gallons, and in 1882, of the same articles, 458,117,304 gallons. Below 
will be found the exports from each port for the years mentioned in 
detail, and also the destination. This table refutes beyond all possi¬ 
bility of a doubt, the rumors of inroads in the consumption of 
American oil that the Russian article has been making. The facts 
are that up to this time nothing has been done in the way of sending 
Russian oil to foreign countries, other than that what may be justly 
described as sample lots, and these samples have been invariably 
received with disfavor. A glance at the tables of exports from the 
United States will show that during the past year there has been an 
increase to the countries bordering nearest upon the Black Sea. From 
this sea it is said there is an outlet for the Russian oil of the Caspian 
Sea district. The figures are: 


1883 . 

To Russia, all ports.1,539,156 

Turkey in Asia.3,250,742 

Turkey in Europe.4,479,851 


1882 . 

1,609,272 

1,710,760 

4,247,629 


Total.9,269,749 7,566,661 

Here we have an increase for 1883 of exports of American Refined 
oil of about 1,700,000 gallons to the ports nearest to the Russian re¬ 
fineries and oil field on the west. That Russian oil is consumed to a 
considerable extent in central Russia can hardly be doubted, but 
considering the sparsity of the population upon both the northern 
and southern shores of the Black Sea, and the semi-savage state in 
which nine out of ten of the natives live, the quantities of American oil 
sent to Turkey in Europe and in Asia, are as large as from the require¬ 
ments of the population might be expected. The whole of the 
matter is that the exports of the Russian oil are so limited that until 
some new method of treating the refined article is arrived at, the 
subject is, so far as the American trade is concerned, hardly worthy 
of further consideration. 

The following tables will be found of great interest to the trade: 










Exports of' Petroleum and its Products from tlie lusted States 

During 1882 and 1883, by Countries. 


106 


Exports of Petroleum by Countries 


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Exports of Petroleum by Countries. 


107 


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Equal to barrels of 42 gallons crude, from the United States, about 16,045,400 barrels, or an average of 1,337,116 
barrels a month, or 43,955 barrels a day. In addition to the foregoing there were exported from New York 
15,639,000 gallons of naphtha and 6,494,000 gallons of residuum. From Philadelphia the export of naphtha was 
about 1,500,000 gallons. 


















































































































Storage Table United Pipe Lines. 


109 


Storage Table United Pipe Lines. 


c/> 

O 

Amount. 

Days. 

Amount. 

1_ 

Days. 

1 

Amount. 

Days. 

Amount. 

Days. 

Amount. 

Days. 

• 4 —• 

C 

3 

O 

E 

<£ 

l 

.50 

31 

13.00 

61 

25.50 

91 

38.00 

121 

50.50 

151 

63.00 

2 

1.00 

32 

13.50 

| 62 

26.00 

92 

38.50 

122 

51.00 

152 

63.50 

3 

1.50 

33 

14.00 

63 

26.50 

93 

39.00 

123 

51.50 

153 

64.00 

4 

2.00 

34 

14.50 

64 

27.00 

94 

39.50 

124 

52.00 

154 

64.50 

5 

2.50 

35 

15.00 

65 

27.50 

95 

40.00 

125 

52.50 

155 

65.00 

6 

3.00 

36 

15.50 

66 

28.00 

96 

40.50 

126 

53.00 

156 

65.50 

7 

3.50 

37 

16.00 

67 

28.50 

97 

41.00 

127 

53.50 

157 

66.00 

8 

4.00 

38 

16.50 

: 68 

29.00 

98 

41.50 

128 

54.00 

158 

66.50 

9 

4.50 

39 

17.00 

69 

29.50 

99 

42.00 

129 

54.50 

159 

67.00 

10 

5.00 

40 

17.50 

70 

30.00 

100 

42.50 

130 

55.00 

160 

67.50 

11 

5.50 

41 

18.00 

71 

30.50 

101 

43.00 

131 

55.50 

161 

68.00 

12 

6.00 

42 

18.50 

72 

31.00 

102 

43.50 

132 

56.00 

162 

68.50 

13 

6.25 

43 

18.75 

73 

31.25 

103 

43.75| 

| 133 

56.25 

163 

68.75 

14 

6.25 

44 

18.75 

74 

31.25 

104 

43.75 

134 

56.25 

164 

68.75 

15 

6.25 

45 

18.75 

75 

31.25 

105 

43.75 

135 

56.25 

165 

68.75 

16 

6.75 

46 

19.25 

76 

31.75 

106 

44.25 

136 

56.751 

166 

69.25 

17 

7.25 

47 

19.75 

77 

32.25 

107 

44.75 

137 

57.25 

167 

69.75 

18 

7.75 

I 48 

20.25 

78 

32.75 

108 

45.25 

138 

57.75 

168 

70.25 

19 

8.25! 

1 49 

20.75 

79 

33.25] 

109 

45.75 

139 

58.25 

169 

70.75 

20 

8.75| 

50 

21.25 

80 

33.75 

110 

46.25 

140 

58.75 

170 

71.25 

21 

9.251 

51 

21.75 

81 

34.25 

111 

46.75] 

141 

59.25! 

171 

71.75 

22 

9.75 

52 

22.25 

82 

34.75 

112 

47.25 

142 

59.75 

172 

72.25 

23 

10.25 

53 

22.75 

83 

35.25 

113 

47.75 

143 

60.25 

173 

72.75 

24 

10.75 

54 

23.25 

84 

35.751 

114 

48.25 

144 

60.75 

174 

73.25 

25 

11.25 

55 

23.75 

85 

36.25] 

115 

48.75 

145 

61.25 

175 

73.75 

26 

11.75 

56 

24.25 

86 

36.75 

116 

49.25 

146 

61.75 

176 

74.25 

27 

12.25 

57 

24.75 

87 

37.25 

117 

49.75 

147 

62.25 

177 

74.75 

28 

12.50 

58 

25.00 

88 

37.50 

118 

50.00 

148 

62.50 

178 

75.00 

29 

12.50 

59 

.25.00 

89 

37.50] 

119 

50.00 

149 

62.50 

179 

75.00 

30 

12.50 

60 

25.00 

90 

37.50! 

120 

50.00 

150 

62.50 

180 

75.00 


The above table gives the storage per 1,000 barrels for any num¬ 
ber of days from 1 to 180. All acceptances must be returned to 
United Pipe Lines for exchange within six months from date of issue, 
or be subject to a storage charge of one-tenth of 1 cent per barrel, or 
$1.00 per 1,000 daily thereafter until returned. 


Explanation of' Field Terms. 

In field reports of developments certain terms are used, which 
are not familiar to those unacquainted with field work. The pro¬ 
duction of a well is often said to be ‘ ‘ so many inches’ ’ in a 250 or a 
600 barrel tank. A well is also referred to as having been drilled 
one or two bits in the sand. The following explanations will enable 
the reader to make himself familiar with these terms : 

An inch in a 250 barrel tank is equal to 22 barrels; in the bottom 


















































110 


Explanation of Field Terms. 


of the tank an inch is equal to 3 barrels, and is less than 2 barrels at 
the top of the tank: but the regular average is 2*) barrels to the inch. 


In a 600 barrel tank the average is 4} bids, to 
“ 800 “ “ “ 


4* 1 


CC 


the inch. 

CC 


“ 1,200 

1,600 


CC 


i C 


CC 

CC 


CC 
i C 


CC 

CC 


c c 


CC 

CC 


6h 

gl 

2,000 “ “ “ 10 “ 

The phrase ‘‘a bit” is an indefinite term, and means only that the 
bit has been changed. Thus “two bits in the sand,” means that the 
bits have been changed twice since striking the sand. If a full bit is 
run the distance drilled varies from three to five feet. 

“ A fishing job ” means that some part of the drilling tools have 
been lost in the hole, and efforts are being made to get it out. 

“Spudding” is a term used for drilling when the hole is just 
started from the surface, or before the hole is deep enough to let all 
the tools in it. 

‘ ‘ Big Hole, ’ ’ is the term applied to the well from the surface to 
the point where it is cased, and before the casing is put in. 

“ Black sand” is the producing rock found in Bradford and Alle¬ 
gany, and which is of a chocolate color. In these two fields it has 
been found that the black sand lies in a large body, and is rich in 
oil, and the wells have a steady production for many years. 

“ White Sand ” is the white sand-stone of Warren, Forest, Ven¬ 
ango, Butler and Clarion Counties. It is found lying in narrow belts 
or small pools. Wells in this sand are usually very prolific, but the 
larger ones decline rapidly. 

“Slush Oil” is an oil found in an irregular or a non-producing 
sand, and sometimes is found in slate. It is of no importance, and 
exhausts in a few days, or probably in a few hours. 


For Ladies' and Gents’ 

FINE HAND-SEWED 



CALL ON 


JOE LEVI. 















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. TOWNSEND & CO., ' NORTH SENECA STREET, OIL CITY, PA., 

Bradford, Pa. tt. s- -a.. 




























H. S. CORWIN, 



520 Welles Building, 18 Broadway, New York, 


MEMBER NEW YORK PETROLEUM EXCHANGE. 


PIPE LINE CERTIFICATES. (CRUDE PETROLEUM), BOUGHT AND SOLD 
FOR CASH, OR CARRIED ON MARGINS. LOANS NEGOTIATED. 


Orders by mail or telegraph promptly executed. Correspondence 
solicited. 


wl i» imip, 






®i lj.ro ad wayHfw Yo rk (gity r . 


Has unsurpassed facilities for buying and selling Crude Petroleum in 
New York, Bradford and Oil City Exchanges. 


Bradford Correspondent, - If'. G. EVANS. 

Oil City Correspondents, T. A. McLAUGHLIN and G. W. DARK. 


REFERENCES:—Seaboard Bank and Chatham Nat. Bank, N. Y. City 






































Tlie Forbes Patent Die Stock 


IS A COMPLETE TOOL. 

With it you can Thread or Cut off as large as 6-inch Pipe with only 
one man. No vise is required to hold the pipe while threading. It 
can be used without a bench; a box, or if in the woods, a stump will 
answer perfectly for a support. It can be used in very coufined spaces. 
Just what Pipe line, Oil well, Steam, Water and Gas people require. 
Three sizes made. Write us for catalogue and price list. 

FORBES & CURTIS, BRIDGEPORT, CONN. 

L. II. FAS SETT, 

FRANKLIN, PA., 

Dealer and Shipper PURE NATURAL FRANKLIN OIL. Also COCHRAN, 

or SECOND SAND OIL. 

Orders from Refiners and Manufacturers Solicited. Also, all grades of 
ENGINE AND MACHINERY OILS. 


YOU CAN NOT KEEP INFORMED ON OIL NEWS UNLESS YOU READ 

THE DERRICK, 

The Organ of Oil and Chronicler of Operations, Events and Doings in the 

Pennsylvania Oil Fields. 

DAILY DERRICK, one year,.$10.00 

WEEKLY DERRICK, one year,. 1.00 

The Weekly Derrick is the cheapest paper In the country. 


WNI. H. SIVITER, - Editor and Manager. 


Address all letters and dispatches to 

THE DERRICK PUBLISHING COMPANY, OIL CITY, PA. 







































































































M. GEARY, Manager, 


OIL CITY, PENNSYLVANIA, U. S, A., 


MANUFACTURERS OF THE CELEBRATED 



(THE DRILLER’S FAVORITE) 


FOR DRILLING OIL OR WATER WELLS, 


Also Manufacturers of all kinds of 




IRON FOUNDERS, 

BUILDERS OF 


OIL AND WATER TANKS, STILLS, AGITATORS 

AND BLEACHERS. 


We carry a large stock of Boilers and Engines of all sizes, and 

can fill orders for any size from 2 to 100 horse 
power on short notice. 


SEUXTID IF O IR, CATALOGUE. 


OFFICE, MACHINE WORKS, BOILER WORKS, AND FOUNDRY 
on North Seneca Street. 

TANK WORKS, on corner Duncan Street and B., N. Y. & P. R. R., 


228 93 












































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INDIANA 46962 


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